New Delhi, Oct. 3 -- Shares of PB Fintech, the parent company of Policybazaar and Paisabazaar, have been under intense selling pressure, extending their losing streak to six consecutive sessions and falling around 48% during the period. The sharp decline has come as investors reassess the potential impact of proposed changes to insurance commissions and distribution economics.

The stock hit its 52-week low of Rs.965 on October 1. It has now tanked over 50% from its 52-week high of Rs.1,963.00, hit in December last year. The scrip has shed 42% in 3 months, 31% in 6 months and 41% in the last 1 year.

The sell-off has raised concerns over the earnings outlook for insurance intermediaries, particularly companies that rely on commissions and...