IIFL Research's Market Watch: Buy Pb Fintech with Target Rs 1150

Team Stratzy -

IIFL Research has buy call on Pb Fintech with a target price of Rs 1150. The current market price of Pb Fintech is Rs 1111.1

About Pb Fintech:

PB Fintech, listed on the National Stock Exchange (NSE) under the symbol "PB Fintech," is a leading Indian fintech company with a focus on digital lending. The company operates through its flagship platform, Policybazaar.com, which offers a wide range of insurance and financial products to customers in India. PB Fintech leverages technology to provide seamless and convenient financial solutions, catering to the diverse needs of Indian consumers and businesses.

52 Week Price Trend:

POLICYBZR's stock has recently outperformed the market, as reflected by its current price of Rs 1111.1. Over the past year, the stock has reached a 52-week high of Rs 1135 and a low of Rs 545.3. Despite market volatility, POLICYBZR's strong financial performance and growth prospects have attracted investor interest, leading to its current valuation.

Stratzy's Analysis:

Based on Stratzy's MOST framework, POLICYBZR has received a rating of BB, indicating medium fundamental risks. This assessment is derived from scores given to the company's management, outlook, safety, and trend, indicating potential areas of concern that investors may need to consider.

Fundamental and Technical information provided in this blog were last updated on 13 Mar, 2024

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