Policybazaar stock gets rating upgrade in overly cautious market
NEW DELHI: PB Fintech, which has Policybazaar as a wholly-owned subsidiary, received a rating upgrade by JM Financial. It now has a ‘buy’ rating for the stock against ‘hold’ earlier, as it believes that the market is overly cautious on the insurance distribution platform. This rating increase is made even as the brokerage cut its … Read more
