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PB Fintech stock crashes 8%, top midcap loser after Rs 1,741 crore block deal; Temasek likely sells 2.4% stake
PB Fintech shares crashed on Friday after a Rs 1,741 crore block deal involving 1.08 crore shares, or 2.37 percent equity, was executed on the exchanges. The transaction comes after reports that Singapore's Temasek Holdings was planning to pare its stake in the Policybazaar.
Stocks to Watch Today: RITES, GNFC, IRB Infra, Tata Power, Dr Reddys Labs, Max Estates, Meesho, Kwality Walls, PB Fintech in focus on 9 March
Stocks to Watch, 9 March: Stocks like Kwality Walls India, SML Mahindra, Max Estates, Meesho, Kotak Mahindra Bank, R Systems International, Yes Bank, Dr Reddy's Laboratories, Tata Power Company, RITES, UltraTech Cement, and IRB Infrastructure Developers will be in focus on March 9.
Neutral PB Fintech; target of Rs 1870: Motilal Oswal
Motilal Oswal recommended Neutral rating on PB Fintech with a target price of Rs 1870 in its research report dated May 06, 2026.
Founders sell Rs 665 crore worth Policybazaar shares to several domestic, global investors
PB Fintech shares fell 4.61 percent (the biggest single day fall since February 3) to close at Rs 1,702.5 on the National Stock Exchange, especially after consolidation in the past one week.
Temasek subsidiary sells 2.2% stake in PB Fintech for Rs 1,632 crore
Macritchie Investments held 6.47 percent stake in PB Fintech as per the shareholding pattern of March 2026.
Fintech stocks slip; Pine Labs falls 3%, One Mobikwik down 1% after report on Apple Pay’s India plans
Listed fintech and payments-linked stocks traded with a mild negative bias after the report that Apple is in talks with banks and card networks to launch Apple Pay in India around mid-2026.
Stocks to Watch Today: InterGlobe Aviation, Concord Biotech, NMDC, Lumax Auto Tech, Olectra Greentech, Cyient. Lupin, PB Fintech in focus on 01 June
Stocks to Watch, 1 Jun: InterGlobe Aviation, Gujarat Gas, Concord Biotech, Indian Renewable Energy Development Agency, NMDC, Glenmark Pharma, Olectra Greentech, Lumax Auto Technologies, Inox Wind, PNC Infratech, and Cyient will be in focus on June 1.
Razorpay likely filed papers for $600-mn IPO: One MobiKwik Systems, Paytm, other fintech shares see rub-off effect, rise up to 5%
The gains were mainly due to positive sentiment in the fintech space following reports of Razorpay's proposed public issue.