PB Fintech shares drop 8% after ₹1,741 cr block deal
pre-market1 source ↓written by the desknot a recommendation
- to a low
- 8%
- on 3 July
- ₹1,545.50
- involving
- 1.08 crore shares
- of total equity
- 2.37%
- each
- ₹1,601
PB Fintech shares fell 8% to a low of ₹1,545.50 on 3 July following a block deal involving 1.08 crore shares, or 2.37% of total equity. The shares were sold at ₹1,601 each, totaling ₹1,741 cr. The seller, Macritchie Investments, will be restricted from further sales for 60 days.
This significant sell-off may impact investor sentiment and trading activity in the stock.
Not investment advice. For informational purposes only.