Shares of PB Fintech, the parent company of insurtech startup Policybazaar, surged over 4.5% in opening trade to INR 1,496.95 on August 7
The stock opened today at INR 1,664.35 on the BSE, up more than 16% from the previous close, marking a new 52-week high
With shares of PB Fintech touching a new 52-week high, the company's market capitalisation zoomed past $8 Bn
Update | August 7, 1:20 PM
Shares of PB Fintech opened at an all-time high of INR 1,664.35 apiece on the BSE today, with its stock rallying over 16% in opening trade, a day after it posted a consolidated profit of INR 60 Cr for the April-June quarter on an operating revenue of INR 1,010.5 Cr.