Insightful Investment: IIFL Research's Buy Call on Pb Fintech, Target Rs 1165

Team Stratzy -

IIFL Research has buy call on Pb Fintech with a target price of Rs 1165. The current market price of Pb Fintech is Rs 1128.35

About Pb Fintech:

PB Fintech Ltd., formerly known as Policybazaar, is an online insurance aggregator and financial services company listed on the National Stock Exchange (NSE) of India. The company operates through its website, Policybazaar.com, and offers a range of insurance products, including health, life, motor, travel, and home insurance. PB Fintech also provides financial products such as loans, credit cards, and mutual funds through its subsidiary, Paisabazaar.com. The company has a nationwide distribution network of over 100,000 agents and partners and has partnered with over 50 insurance companies in India.

52 Week Price Trend:

POLICYBZR, a leading insurance comparison platform, has a current market price (CMP) of Rs 1128.35. Over the past year, the stock has traded within a range of Rs 1135 (52-week high) and Rs 545.3 (52-week low), indicating significant price volatility. Investors should carefully consider the stock's historical performance and market conditions before making any investment decisions.

Stratzy's Analysis:

POLICYBZR has a BB rating based on Stratzy's MOST framework, which assesses Management, Outlook, Safety, and Trend. This indicates that POLICYBZR has medium fundamental risks. The rating suggests that the company has areas for improvement in its management, outlook, safety, or trend analysis.

Fundamental and Technical information provided in this blog were last updated on 12 Mar, 2024

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