PB Fintech shares jump over 3% after Rs 1,610 crore block deal

PB Fintech Share Price: Shares of PB Fintech, parent of Policybazaar, surged by 3.5% on BSE after a likely 2.1% equity stake sale worth Rs 1,610 crore via a block deal, with Tencent reportedly being the seller. The stock has delivered impressive returns over the past year and reported a consolidated net profit of Rs 60 crore for Q1 2024.