In the BSE500 Index, more than 310 stocks settled in green, whereas 190 stocks settled in red during the week. 17 stocks surged in double digits during the week, following the corporate actions buzz and upbeat Q1 earnings. Source link
Shares of , the parent company of and Paisa Bazaar, have fallen more than 64 per cent from its November 2021 highs putting the stock firmly in bear grip. The scrip hit a 52-week high of Rs 1,470 on November 17, 2021. The stock tanked over 0.6 per cent to hit an all time low … Read more
Small investors, as suggested by individuals holding up to Rs 2 lakh worth of share, were seen raising stake in five new age companies in March quarter, even as institutional investors cut their stake in them amid a sharp fall in value of such stocks. All the five companies later reported a deterioration in the … Read more
NEW DELHI: PB Fintech, which has Policybazaar as a wholly-owned subsidiary, received a rating upgrade by JM Financial. It now has a ‘buy’ rating for the stock against ‘hold’ earlier, as it believes that the market is overly cautious on the insurance distribution platform. This rating increase is made even as the brokerage cut its … Read more
Mumbai: Docprime Technologies, a subsidiary of PB Fintech (Policybazaar), is offering free digital health lockers integrated with Ayushman Bharat Digital Mission (ABDM). The health locker is a gateway for users to connect with the digital health ecosystem by empowering them with a digital and self-consented health data management system. Users can create digital health IDs … Read more
NEW DELHI: PB Fintech, which operates insurance marketplace platform Policybazaar and credit comparison portal Paisabazaar, filed its initial public offering (IPO) papers with Sebi. It has joined a number of other new-age fintech peers—Paytm, Mobikwik, Nykaa and Zomato–who have announced their public issues. The company and its shareholders seek to raise Rs 6,017 crore from … Read more