Page 6 - Policybazaar

Rule changes pave way for Paytm and other new-age stocks in Nifty Next 50

Nifty Next 50 index is a gauge for the performance of top 50 stocks other than those part of the benchmark Nifty 50 index. Stocks in both indices make up the Nifty 100 index

Policybazaar falls 8%, hits new low; stock tanks 52% in three months

In the past two weeks, PB Fintech has slipped 28% after Yashish Dahiya, executive director and CEO, and Alok Bansal, whole time director and CFO, sold 6.09 million shares of the company

Paytm, Zomato, Nykaa: Here's why you should avoid these new-age stocks

Paytm has dropped 40 per cent on a YTD basis, and Zomato seems to be revisiting its IPO issue price amid market sell-off

PB Fintech co-founder sells firm's shares worth Rs 236 cr at Rs 825 apiece

However, buyer (s) of the shares could not be ascertained immediately

Policybazaar slumps 11% on heavy volumes; stock down 16% in two sessions

Till 10:00 am; around 7.5 million equity shares representing 1.67 per cent of total equity of PB Fintech changed hands on the NSE.

Fear reinvestment risk? Go for immediate annuities instead, say experts

Only they can secure against the possibility of lower interest rates over long term

Stocks to Watch: Adani Wilmar, PolicyBazaar, TVS Motor, UBI, Ujjivan SFB

Bata India, Bharti Airtel, Data Patterns, Escorts, Godrej Consumer, Greaves Cotton, Gujarat Gas, IRCTC, J&K Bank, Jindal Steel, Latent View, NMDC, SJS Enterprises and TTML to report results today.

Policybazaar parent's loss widens 55% to Rs 297 cr in Q3, revenue up 73%

Revenue contribution of insurance services slides to 53 per cent in Q3 of FY22 from 68 per cent in the year-ago period

LIC ties up with Policybazaar.com for distribution of its products

This is LIC's first association with an insurance aggregator, and otherwise relies heavily on its large agency force of 1.33 million agents for distributing its products

Policybazaar trades lower for sixth day; tanks 51% from 52-week high

The stock was trading at its new low, having fallen 29 per cent in the past six days. With this, the stock is now 26 per cent lower as against its issue price of Rs 980 apiece.

New-age stocks: Drop in trading volumes may be the first sign of bottoming

Fear of withdrawal of easy money and lack of profits will likely weigh on these counters in the near-term

Market wrap: Sensex crashes 1,546 pts, Nifty below 17,150 amid Fed suspense

Broader markets worst hit, BSE SmallCap index slips over 4%; BSE IPO index plunges 7% as Zomato, Nykaa tank up to 20%

Fund houses prune Nykaa, Policybazaar exposure on profit taking; up Paytm

It's profit-taking, say fund managers; increase holding in Paytm in December

Policybazaar slips 4% to touch new low; stock falls 25% in last one month

In the past one month, the market price of PB Fintech dipped 25 per cent after the mandatory lock-in period for anchor investors expired on December 13, 2021.

Stocks to Watch: SBI, IDFC, IndiGo, NTPC, Cars24, PolicyBazaar, Textiles

The GST Council will meet today to discuss possible rollback of recently hiked rates for the textile industry.

Nykaa, Policybazaar, Tega among 11 recently listed shares to hit new lows

FSN E-Commerce Ventures (Nykaa), PB Fintech, the parent company of Policybazaar, Tega Industries, Tarsons Products and Aditya Birla AMC were among 11 stocks from the BSE IPO index hit new lows.

Stocks to Watch: Paytm, Shriram group, Voda Idea, Greenlam, Vedanta

Anand Rathi Wealth to make its debut on the bourses on Tuesday, GMP indicates 50 per cent listing gain for the stock

Policybazaar slips 4% to a new low, stock down 26% from all-time high

Meanwhile, the mandatory one-month lock-in period for anchor investors expired today

50% of November IPOs fall below their issue prices amid market crash

PB Fintech, Fino Payments Bank, SJS Ent, KIMS, Ami Organics, Zomato and Sansera Engg from the BSE IPO index were down between 6 per cent and 19 per cent in intra-day trade today

Policybazaar extends gain by another 11.6%, closes at Rs 1,342

The stock is now up 37% over its IPO price of Rs 980; company is valued at Rs 60,338 crore