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PB Fintech extends losses, falls another 5%; key concall takeaways, how insurance stocks are faring

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PB Fintech extends losses, falls another 5%; key concall takeaways, how insurance stocks are faring
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PB Fintech shares gained as much as 4.5% to hit a high of ₹1,261.70 on the NSE, a day after the stock nosedived 36% — its worst single-day fall on record. After showing signs of recovery in early trade, shares of insurance-linked stocks once again slipped into the red on Friday, September 25, extending their losses from Thursday’s session.

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PB Fintech shares gained as much as 4.5% to hit a high of ₹1,261.70 on the NSE, a day after the stock nosedived 36% — its worst single-day fall on record.

However, the stock reversed its early gains and was trading at ₹1,140 on the NSE, down 5.56% at 10:44 AM.

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