India's PB Fintech drops on block deals at discount

PB Fintech

13/03/2025 09:11

** India's PB Fintech PBFI.NS sheds 5.3% to 1,331.85 rupees

** More than 747,000 shares of the non-bank lender traded in four block deals at a discount of 3%-4%, per exchange data

** PBFI also set for sixth straight weekly decline, falling ~5%, its longest such streak since January 2022

** Avg rating of 17 analysts on stock at "hold"; median PT is 1,604 rupees - data compiled by LSEG

** Stock down 37.2% YTD

 (Reporting by Kashish Tandon in Bengaluru)

 ((Kashish.tandon@thomsonreuters.com))