Insurtech major PB Fintech soared as much as 4.4% during the intraday trading today (September 20)
On September 18 and September 19, the stock touched new highs at INR 1,884.00 and INR 1,901.55 apiece, respectively
PB Fintech allotted 75,760 equity shares to eligible employees under its employee stock option plan (ESOP) earlier this month
Amid a rally in the broader equity market, shares of insurtech major PB Fintech soared as much as 4.4% during the intraday trading today (September 20) to reach a record high mark at INR 1,966 apiece on the BSE.
However, the stock shed some of the gains to end the trading session 2.4% higher at INR 1,927.80. The company’s market capitalisation soared to INR 88,243 Cr (around $10.5 Bn) at the end of the trading session.