IGI Logo

PB Fintech is currently trading at Rs. 512.25, up by 2.60 points or 0.51% from its previous closing of Rs. 509.65 on the BSE.

The scrip opened at Rs. 515.00 and has touched a high and low of Rs. 520.00 and Rs. 510.40 respectively. So far 13284 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1470.00 on 17-Nov-2021 and a 52 week low of Rs. 455.00 on 27-Jul-2022.

Last one week high and low of the scrip stood at Rs. 550.45 and Rs. 504.85 respectively. The current market cap of the company is Rs. 23153.74 crore.

The Institutions holding in the company stood at 27.81%, while Non-Institutions held 72.19%.

PB Fintech has made investment of Rs 650 crore in Policybazaar Insurance Brokers, a wholly owned subsidiary of the Company. With the said further investment, the entire amount of Rs 650 crore as approved by the Board and communicated earlier, stands completed.As part of company’s investments, the present Investment allows Company to strengthen the financial health of Policybazaar Insurance Brokers to meet its general operating expenses and enhancing brand awareness, office presence and strategic initiatives.

The company has also made an investment of Rs 250 crore in Paisabazaar Marketing and Consulting, a wholly owned subsidiary of the Company. With the said further investment, the entire amount of Rs 250 crore as approved by the Board and communicated earlier, stands completed. As part of company’s investments, the present investment allows Paisabazaar Marketing and Consulting to meet its general operating expenses and enhancing brand awareness, office presence and strategic initiatives.

PB Fintech is India's leading online platform for insurance and lending products. The company provides convenient access to insurance, credit, and other financial products and aims to create awareness in India about the financial impact of death, disease, and damage.