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PB Fintech shares fall 5% amid Rs 696 crore infusion in healthcare arm

Business Standard LogoBusiness Standard8h ago

PB Fintech shares fall 5% amid Rs 696 crore infusion in healthcare arm - Business Standard

Quick Summary:

The stock recovered as the trade progressed and was hovering at Rs 1,400 levels, down 4.

After the proposed investment, PB Fintech would be holding upto 33.63 per cent stake in its subsidiary.

The counter has fallen by 33.6 per cent so far in calendar year 2025, following a 165 per cent gain it made in CY-2024.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-12 @ 11:33:08 (8 hours ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 466 words

Reading Time: 3 minutes read

Sentences: 18 lines

Sentence Length: 26 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 26912779

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About Business Standard

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 242 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #49

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The story "PB Fintech shares fall 5% amid Rs 696 crore infusion in healthcare arm" was covered 8 hours ago by Business Standard, a news publisher based in India.

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  • URL: https://chronographically.beamstart.com/news/pb-fintech-shares-fall-5-17417598198422

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