PB Fintech’s Shares Hit Fresh Low Of ₹928.1, Down 48% Since IRDAI’s Proposed Insurance Overhaul

The insurtech company's shares plunged 8% today to Rs 926, reflecting market concerns over regulatory changes proposed on September 23. Market capitalization halved from $9.07 billion to $4.53 billion in recent months. However, financial results remained strong with consolidated net profit reaching Rs 192.4 crore in Q2 FY27 and operating revenue growing 35% YoY to Rs 2,177.7 crore, driven by Policybazaar and Paisabazaar core business growth.

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