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PB Fintech extends losing streak to 7 sessions, stock hits 32-month low

PB Fintech, the parent company of Policybazaar, has seen a significant decline in its stock value. Following a consultation paper from Irdai proposing caps on distributor commissions, the stock price has plummeted. The market capitalisation fell from ₹87,290 crore to ₹45,174 crore over the past seven sessions. This decline represents a loss of over 48% during this period. The stock is back at its…

We haven't written up this one. The Economic Times - Top News has the full story — the link below goes straight to it.

Read the original at economictimes.indiatimes.com →

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