PB Fintech Shares Dip 2% After ₹695 Crore Block Deal
POLICYBZR ch Ltd (Policybazaar parent) shares declined over 2% in early trading on March 6, 2026, hitting a low of ₹1,442. The drop followed a large block deal where approximately 48.4 lakh shares (about 1.04% equity) changed hands at ₹1,435.1 per share in the pre-open session.
The transaction totaled roughly ₹695 crore. Buyer and seller identities remain undisclosed. Such block deals can cause short-term price pressure, though the company's long-term growth in online insurance remains strong.
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