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Economic Times
2 days ago
- Business
- Economic Times
PB Fintech shares in focus as co-founders likely to sell 5.05 million shares via block deal
PB Fintech's co-founders, Yashish Dahiya and Alok Bansal, are expected to sell 1.1% of the company's equity through a block deal valued at approximately $106 million. The transaction has a base price of Rs 1,800 per share, a discount of up to 2.2% compared to the current market price. Tired of too many ads? Remove Ads PB Fintech share price history Tired of too many ads? Remove Ads PB Fintech Q4 results The shares of PB Fintech , the parent company of Policy Bazaar, are likely to remain in focus on Thursday, June 26, as the company's co-founders, Yashish Dahiya and Alok Bansal , are likely to sell 5.05 million shares, or 1.1% of the company's equity, through a block deal , as reported by CNBC deal is valued at approximately $106 to the CNBC TV-18 reports, the transaction has a base price of Rs 1,800 per share, reflecting a discount of up to 2.2% compared to the current market price. The deal also includes a 90-day lock-in period for the the past one year, the stock of PB Fintech has surged 38.62%. On a year-to-date (YTD) basis, it has declined by 13.16%, while in the last six months, it is down 10.72%. However, in the past three months, the stock has gained 14.30%, and over the last one month, it has risen by 3.40%.On Wednesday, PB Fintech shares closed 1.4% lower at Rs 1,839.75 on the Fintech reported a sharp 185% year-on-year (YoY) jump in its consolidated net profit for the quarter ended March 2025 (Q4FY25). It rose to Rs 171 crore in Q4FY25 from Rs 60 crore in from operations for the March quarter stood at Rs 1,508 crore, up 38% from Rs 1,090 crore in the same quarter of the previous financial a full-year basis, PB Fintech's PAT surged 448% to Rs 353 crore in FY25 from Rs 64 crore in FY24, with profit margins expanding from 2% to 7%. The company's closing cash balance at the end of the quarter stood at Rs 5,406 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
Time of India
2 days ago
- Business
- Time of India
PB Fintech shares in focus as co-founders likely to sell 5.05 million shares via block deal
PB Fintech's co-founders, Yashish Dahiya and Alok Bansal, are expected to sell 1.1% of the company's equity through a block deal valued at approximately $106 million. The transaction has a base price of Rs 1,800 per share, a discount of up to 2.2% compared to the current market price. Tired of too many ads? Remove Ads PB Fintech share price history Tired of too many ads? Remove Ads PB Fintech Q4 results The shares of PB Fintech , the parent company of Policy Bazaar, are likely to remain in focus on Thursday, June 26, as the company's co-founders, Yashish Dahiya and Alok Bansal , are likely to sell 5.05 million shares, or 1.1% of the company's equity, through a block deal , as reported by CNBC deal is valued at approximately $106 to the CNBC TV-18 reports, the transaction has a base price of Rs 1,800 per share, reflecting a discount of up to 2.2% compared to the current market price. The deal also includes a 90-day lock-in period for the the past one year, the stock of PB Fintech has surged 38.62%. On a year-to-date (YTD) basis, it has declined by 13.16%, while in the last six months, it is down 10.72%. However, in the past three months, the stock has gained 14.30%, and over the last one month, it has risen by 3.40%.On Wednesday, PB Fintech shares closed 1.4% lower at Rs 1,839.75 on the Fintech reported a sharp 185% year-on-year (YoY) jump in its consolidated net profit for the quarter ended March 2025 (Q4FY25). It rose to Rs 171 crore in Q4FY25 from Rs 60 crore in from operations for the March quarter stood at Rs 1,508 crore, up 38% from Rs 1,090 crore in the same quarter of the previous financial a full-year basis, PB Fintech's PAT surged 448% to Rs 353 crore in FY25 from Rs 64 crore in FY24, with profit margins expanding from 2% to 7%. The company's closing cash balance at the end of the quarter stood at Rs 5,406 crore.: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
