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PB Fintech's 36% bloodbath rattles market, but Jefferies stays bullish. What does it see in Policybazaar parent?

Economic Times Markets
PB Fintech's 36% bloodbath rattles market, but Jefferies stays bullish. What does it see in Policybazaar parent?
Economic Times Markets

PB Fintech shares plunged a record 36% to a 52-week low, wiping out around Rs 31,430 crore in market value after IRDAI proposed changes to insurance commission structures. While Jefferies flagged a potentially material near-term earnings impact, it retained its ‘Buy’ call on the stock.

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IPO · 26 Sept 2026

J Infratech files IPO papers; eyes Rs 600 cr via fresh issue

J Infratech Ltd has submitted preliminary papers for an initial public offering valued at Rs 600 crore. The IPO includes a fresh issue and an offer for sale by its promoters. The Haryana-based firm, established in 2005, focuses on infrastructure projects such as roads and bridges. Proceeds from the IPO will support working capital and repay borrowings, among other corporate purposes.

Source: Economic Times Markets

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