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Societe Generale bought 26 lakh shares in PB Fintech and Morgan Stanley Mauritius 27.3 lakh shares at an average price of Rs 456.4 a share. SVF India Holdings (Cayman) sold 2.28 crore shares in PB Fintech at the same price, which were worth Rs 1,042.5 crore.
#EditorsRoundtable | #Nykaa, #PBFintech, #Paytm, #Delhivery & #Zomato: What's the common situation these #new-age cos are in? @nimeshscnbc has the answer
#MCPodcast: In this episode of The Week on Dalal Street, @sant0nair & @_anujsinghal discuss the renewed #interest in new-age business stocks like Paytm, PB Fintech & Delhivery and whether they make for good long-term bets. Listen in 👂 https://t.co/6ym1s5gT7t
Have new age companies fallen enough ? @_prashantnair looks at valuations VS global peers ? #Paytm #PBFintech #nykaa #zomato #delhivery #EditorsRoundtable
#MarketAtClose | Paytm up nearly 8% as co sees strong growth & adj EBITDA breakeven tgt by Sept’23 PB Fintech surges nearly 5% after 2.28 cr shares of the co change hand in a block ONGC & oil end in the green after Govt cuts Windfall Tax on Crude & Diesel
PB Fintech: Block Deal | PB Fintech sees over 5% equity worth Rs 1,000 cr change hands in large trade, SoftBank is the likely seller. @VivekIyer72 gets us up to speed. @policybazaar
#MarketHeadlines * #Stocks at day's low after initial euphoria over a likely dovish Fed fades * #Paytm gets a thumbs up as it assures investors it’s on path to profits; #PBFintech sees a 5% share block * Two-wheelers in slow-lane as #sales come weaker than expected
#MarketHeadlines * Govt more than halves #WindfallGains tax on crude to ₹4,900 from ₹10,200/t * Nov auto sales: #RoyalEnfield sales below estimates * Large trade in #PBFintech, 5.1% equity changes hands * Paytm: EBITDA breakeven by Sep 2023
#StockMarket | Shares of PB Fintech, the parent of online insurance aggregator Policybazaar, jumped 6% in Friday's trade as SoftBank probably sold 5% stake in the company via block deal. ✍🏼- @amit_mudgill https://t.co/thFOjK04dX
#PBFintech #PolicyBazaar 472, +3% PB Fintech: SoftBank’s SVF India Holdings is offering 22.8 million shares of the company at a floor price of Rs 440.2 each in a block trade, Bloomberg News reported citing terms of the deal.
🚨 Nearly 2.28 crore shares of PB Fintech change hands in two block trades #PBFinTech #MarketsWithMC #Fintech
#MarketsWithMC | While the buyer and sellers were not known immediately, it was earlier reported that SoftBank was looking to offload a 5% stake in PB Fintech via a block deal. Read more about this block deal 👇 https://t.co/5BzjYg9gnu #Policybazaar #PBFintech #Softbank