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Shares of PB Fintech surged more than 7.33 per cent to Rs 1,400, hitting its new 52-week high and commanding a total market capitalization of more than Rs 63,000 crore.
Last month, PB Fintech had approved the incorporation of PB Pay, which is created to conduct the business of payment aggregator
PB Fintech stock has been witnessing an uptrend since the company turned profitable in Q3FY24 as it posted a PAT of Rs 37.2 crore.
In March, the promoter of PB Fintech approved the incorporation of PB Pay, which was created to conduct the business of payment aggregator with a paid-up capital of Rs 27 crore.
Cultfit has formally appointed Naresh Krishnaswamy as CEO. Details on this and more in todays ETtech Top 5.