PB Fintech moves up on incorporating new step-down subsidiary in Dubai
PB Fintech is currently trading at Rs. 1867.90, up by 13.55 points or 0.73% from its previous closing of Rs. 1854.35 on the BSE.
The scrip opened at Rs. 1854.80 and has touched a high and low of Rs. 1873.90 and Rs. 1840.00 respectively. So far 1436 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 2254.95 on 06-Jan-2025 and a 52 week low of Rs. 1312.10 on 17-Mar-2025.
Last one week high and low of the scrip stood at Rs. 1873.90 and Rs. 1764.00 respectively. The current market cap of the company is Rs. 85493.04 crore.
The Institutions and Non-Institutions held 68.88% and 31.12% stake respectively in the company.
PB Fintech has incorporated a new step-down subsidiary of the company by the name of ‘Paisabazaar Middle East Marketing LLC’ in Dubai, UAE. Paisabazaar Middle East will carry on the business of Marketing Management, Fintech and Commercial Information Services.
PB Fintech is the parent entity of Policybazaar, 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.
