Stocks to Watch: PVR INOX, PB Fintech, Hero MotoCorp, M&M Financial And Others
1 year ago

Stocks to Watch: PVR INOX, PB Fintech, Hero MotoCorp, M&M Financial And Others

News 18  

Stocks To Watch Today: Investors found optimism in the US Federal Reserve’s accommodative outlook for 2024, featuring anticipated rate cuts commencing in the upcoming year. Stocks To Watch Today On December 15 PVR INOX: According to sources, Plenty Private Group and Multiples Private Group are considering the sale of a 2.33 percent stake in the multiplex chain. The quoted offer price is anticipated to fall within the range of Rs 1,750 to Rs 1,769.5 per share, with the potential offer size reaching Rs 404.5 crore, as reported by CNBC-TV18. Hero MotoCorp: The largest manufacturer of two-wheelers in the country is set to acquire an additional stake in its associate company, Ather Energy, from an existing shareholder, with the transaction valued at up to Rs 140 crore. PB Fintech: The financial services platform disclosed that income tax officials conducted a visit to Paisabazaar Marketing and Consulting Private Ltd on December 13 and 14, 2023.

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Stocks to Watch: Reliance Power, RVNL, Epack Durable, PB Fintech, Swiggy, M&M, IEX, and more
3 weeks ago

Stocks to Watch: Reliance Power, RVNL, Epack Durable, PB Fintech, Swiggy, M&M, IEX, and more

Live Mint  

Indian markets are expected to open lower on Wednesday, December 04, as Asian shares began trading cautiously, influenced by political unrest in South Korea. The following stocks are expected to be in focus during today's trading session: Defence Stocks: The Defence Acquisition Council, under the chairmanship of Defence Minister Rajnath Singh, accorded Acceptance of Necessity for 5 capital acquisition proposals …

Paisabazaar is PB Fintech’s Achilles heel
1 month, 2 weeks ago

Paisabazaar is PB Fintech’s Achilles heel

Live Mint  

The September quarter result of PB Fintech Ltd was a mixed bag. Revenue from its core business of online insurance broking through Policybazaar.com grew 41% year-on-year to ₹624 crore. On the other hand, the core non-insurance business – Paisabazzar.com – saw revenue decline 7.14%, from ₹154 crore in Q2FY24 to Rs143 crore in Q2FY25. Healthcare bet Beyond the financials, investors …

PB Fintech shares rise 3% after posting fourth consecutive quarterly profit in Q2
1 month, 2 weeks ago

PB Fintech shares rise 3% after posting fourth consecutive quarterly profit in Q2

Live Mint  

Stock Market Today: PB Fintech, the parent company of Policy Bazaar and Paisa Bazaar, witnessed a 3.4% rise in its share price to ₹1,696 apiece in early morning trade on Wednesday, November 6. This boost came after the company announced its fourth consecutive quarterly profit on Tuesday, driven by strong growth in its new health and life insurance business. PB …

Stocks to Watch: TCS, Maruti, Paytm, Wipro, PB Fintech, Eicher
1 year ago

Stocks to Watch: TCS, Maruti, Paytm, Wipro, PB Fintech, Eicher

Live Mint  

New Delhi: Following are the stocks that will likely be in focus on Tuesday: {{^adFree}} {{/adFree}} Tata Consultancy Services: The IT services giant has launched its AWS generative AI practice to help customers harness the full potential of artificial intelligence and AWS generative AI services to transform different parts of their value chain and achieve superior business outcomes. {{^adFree}} {{/adFree}} …

PB Fintech stock sees sharp recovery, up 82% in 2023 so far
1 year, 1 month ago

PB Fintech stock sees sharp recovery, up 82% in 2023 so far

Live Mint  

New-age tech stocks have bounced back strongly from their poor show in CY22, and PB Fintech, the parent company of Policy Bazaar and Paisa Bazaar, was one such which delivered a tremendous return in CY23 after a steep drop in the previous calendar year. Particularly, its core online business segment, Health & Term Insurance, witnessed an impressive 53% YoY growth …

PB Fintech shares hit 52-week high for second consecutive day
1 year, 5 months ago

PB Fintech shares hit 52-week high for second consecutive day

Live Mint  

PB Fintech share price surged over 4% on Tuesday to hit a 52-week high of ₹731.65 apiece on the BSE, extending the rally for the second consecutive day after the company’s management shared a strong business growth plan in its first virtual meeting with analysts since listing. The parent company of Policybazaar, PB Fintech highlighted the operating efficiencies, growth in …

PVR Inox’s investors need more Pathaans, and soon enough
1 year, 6 months ago

PVR Inox’s investors need more Pathaans, and soon enough

Live Mint  

The lockdowns and shut screens are fading into memory, but multiplexes are still yearning for the footfalls of pre-pandemic days, as movies fail to shine at the box office. “As per Ormax, the gross box office collection for April stood at about ₹620 crore, down roughly 7.5% month-on-month. Out of the total gross collections, ‘PS2’, ‘Kisi Ka Bhai Kisi Ki …

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