PB Fintech shares recover 4% after sharp sell-off
after close1 source ↓written by the desknot a recommendation
- to ₹1
- 4%
- last week due
- 36% plunge
Shares of PB Fintech rebounded 4% to ₹1,213.50 on the NSE after a 36% plunge last week due to proposed changes by IRDAI affecting insurance distributors. Bernstein noted potential earnings recovery but highlighted near-term challenges. Investors are now weighing the long-term growth prospects against regulatory impacts.
Not investment advice. For informational purposes only.