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Shares of PB Fintech, parent entity of Policybazaar, declined nearly 5% on Wednesday after the company’s proposal to infuse Rs 696 crore in its healthcare arm failed to cheer investors. The scrip of PB Fintech tanked 4.70% to close at Rs 1,399.95 apiece on the National Stock Exchange (NSE).
On the BSE, it fell 4.44% to settle at Rs 1,404.15 per share.
In volume terms, 46.18 lakh equity shares of PB Fintech were traded on the NSE, and 1.23 lakh scrips exchanged hands on the BSE during the day.
The 30-share BSE Sensex fell 72.56 points to close at…
