PB Fintech shares climb over 5% amid block deal
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Online insurance aggregator PB Fintech's shares climbed 5.2% to Rs 1,360 in Thursday's trade on BSE following a large block deal involving 33 lakh equity shares. Around Rs 428 crore worth of equity shares, representing a 0.73% stake in the company changed hands in this significant transaction. The deal was executed at an average price of Rs 1,297 per share, slightly above the stock's previous close of Rs 1,293.35. The specific buyers and sellers involved in the transaction remain undisclosed. Also Read: TDP-linked stocks soar up to 32% in 2 days after strong election performance Meanwhile, by 12:12 pm, the stock was trading marginally 0.5% lower at Rs 1,287 on BSE. Despite this, the stock has rallied 106% in the last 12 months, compared to a 19% gain in the Sensex.In Q4 FY24, the firm reported a net profit of Rs 60.19 crore, as against a loss of Rs 9.34 crore reported by the company in the year-ago period. The consolidated rev...