September 22, 2024

pb fintech ltd share price, this fintech stock could be your ticket to high rewards with low risk – this fintech stock could be your ticket to high rewards with low risk


Mumbai – PB Fintech is also known as Policy Bazaar. It is India’s largest tech enthusiast forum. Its flagship brands for insurance and lending products – PolicyBazaar (an insurance bazaar focused on Indian middle-class households buying protection against 3DS – i.e. death, disease and disability) and the PaisaBazar platform – offer credit options across consumer segments and help them make informed decisions. .PB Fintech’s stock was the buzz on the stock market on Tuesday. The company stock rose more than 3% on a significant increase in the total number of shares traded. The total share transaction volume for the day was more than 0.21 crore shares in the morning session. It has been the highest trading volume in the last four trading sessions.

This article is published by Dalal Street Investment Journal, India’s No. 1 investment magazine. Click here and subscribe to receive regular shares and recommendations from Teji.

Technically the company stock hit a high of Rs 655.60 on 31st March 2023 and after that 20-DMA and rising counter-trend movement was seen in the stock. The rise in share value and trading volume reflects interest from investors in the capital market and the stock is trading at its previous day’s high. It is considered to be good for this stock.

In the third quarter of the last fiscal, the company reported a 66% increase in revenue and a reduction in post-tax loss by less than a third.

Technically, this stock offers a good risk reward for investors who missed the stock’s rally from the February 2023 lows.
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