India's PB Fintech drops after block deals at discount

PB Fintech

03/07/2026 05:34

 
** Shares of PB Fintech PBFI.NS fall 7.4% to 1,557.70 rupees
** Around 11.3 mln shares traded across 14 block deals on NSE at a discount ranging between 3.7% to 6.4% to previous close - data compiled by LSEG
** Temasek Holdings likely to sell 2.6% stake in PBFI through a 19.09 bln rupees ($200.5 mln) block deal on Friday, Mint reported, citing deal terms 
** Reuters could not independently verify the report; PBFI did not immediately respond to a request for comment, and Temasek declined to comment
** Trading volume at more than 8x 30-day average at 14.6 mln shares so far
** YTD, PBFI down about 15%
($1 = 95.2300 Indian rupees)

(Reporting by Vijay Malkar)
((VijayDattaram.Malkar@thomsonreuters.com;))