PB Fintech and 2 Other Stocks in Which Goldman Sachs, Societe Generale & Other Investors Bought Stakes
Alex Smith
4 days ago
Synopsis: Several stocks remained in focus after major institutional investors executed block deals. One transaction involved 48.4 lakh shares worth ₹694 crore, while another saw 1.62 lakh shares bought for ₹16.22 crore. Separately, 2.76 lakh shares worth ₹21.2 crore changed hands as the broader market declined sharply.
The Nifty 50 started Monday’s session on a weak note, opening around 2.7% lower near 24,100, while the Sensex plunged over 2,200 points to around 79,500. The sharp decline wiped out nearly ₹15 lakh crore in market capitalisation as investors reacted to rising crude oil prices and geopolitical tensions, triggering broad-based selling across sectors.
PB Fintech
PB Fintech Ltd is a leading Indian digital insurance and lending marketplace, best known for its platforms Policybazaar and Paisabazaar. The company connects consumers with insurers and financial institutions through an online platform. It focuses on simplifying insurance and credit products using technology, data analytics, and digital distribution to improve accessibility and transparency.
With a market capitalisation of Rs 64,554.94 crore, the shares were trading at Rs 1,395.20 per share, decreasing around 2.31 percent as compared to the previous closing price.
As per the exchange, Tencent Cloud Europe BV, a subsidiary of Tencent Holdings, has reduced its stake in PB Fintech through a block deal. The company sold 48.4 lakh shares, representing about 1.04 percent of paid-up equity, for ₹694.65 crore at a transaction price of ₹1,435.1 per share, reflecting a partial exit by the existing investor.
Meanwhile, the entire stake was absorbed by a group of institutional investors, including Goldman Sachs Bank Europe, Mirae Asset Mutual Fund, Societe Generale, DSP Mutual Fund, Schroder, Tata Mutual Fund, and Viridian Asia Opportunities Master Fund. Notably, Tata Mutual Fund and Mirae Asset Mutual Fund were already existing shareholders in PB Fintech as of December 2025.
Shankara Buildpro
Shankara Buildpro Ltd is a leading organised retailer of steel and building materials in India. The company operates through a large network of retail outlets and distribution centers, supplying products such as steel, pipes, roofing sheets, and other construction materials. It primarily caters to small contractors, fabricators, and retail customers.
With a market capitalization of Rs 2,328 crore, the shares were trading at Rs 960 per share, decreasing around 4.08 percent as compared to the previous closing price.
As per available data, 360 ONE Equity Opportunity Fund has acquired 1.62 lakh shares, representing a 0.67 percent stake, in the building materials and home improvement products supplier. The transaction was valued at ₹16.22 crore, with the shares purchased at ₹998.61 per share, indicating fresh institutional interest in the company.
Ganesha Ecosphere
Ganesha Ecosphere Ltd is one of India’s largest recyclers of PET plastic waste, producing recycled polyester staple fiber and spun yarn. The company plays an important role in sustainable manufacturing by converting plastic waste into value-added textile products. Its recycled materials are widely used in textiles, home furnishings, and industrial applications.
With a market capitalization of Rs 1,810 crore, the shares were trading at Rs 676 per share, decreasing around 4.07 percent as compared to the previous closing price.
As per available data, DSP Mutual Fund has sold 2.76 lakh shares, equivalent to a 1.03 percent stake, in the PET bottle recycling company for ₹21.2 crore, with the transaction executed at ₹768 per share. Meanwhile, India Capital Management, through India Capital Fund, purchased 2.34 lakh shares worth ₹17.97 crore at the same price in the deal.
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