PB Fintech Shares Fall 48% Over 6 Sessions, Reaching IPO Price
PB Fintech, the parent company of Policybazaar and Paisabazaar, saw its shares plunge by another 8% on October 1, reaching Rs. 980. This marks a 48% decline over six sessions and brings the stock back to its IPO price, influenced by market concerns over proposed new insurance rules.
New Delhi, Oct. 980 and falling back to levels last seen in February 2024, as market concerns over the proposed new insurance rules continued to weigh on t…