Indus Towers, PB Fintech, EID Parry India, Tata Consumer Products and Godrej Properties saw huge spurt in volumes on Bombay Stock Exchange on the Budget day.
Temasek Holdings subsidiary Claymore Investments sells a total of 2,44,30,015 shares of PB Fintech, representing a 5.42% stake, at an average price of ₹992.8 apiece.
Foreign venture capital investor, Claymore Investments (Mauritius) has exited PB Fintech Ltd. by selling its entire stake of 5.42% for over Rs 2,425 crore.
PB Fintech share price: The stock rose 2.74 per cent to hit a high of Rs 926.25 on BSE. PB Fintech is likely to deliver strong 32 per cent YoY premium growth, which is expected to drive revenues higher by 37.7 per cent, Nuvama said.