“If I was to pick something within the new-age companies, I definitely would go with Swiggy or Eternal or Policybazaar and not Nykaa,” says Hemang Jani, Independent Market Expert.What is it that you are making of the market structure? I guess, all things in control at least when it comes to the macro data points, … Read more
New Delhi, PB Fintech‘s co-founders Yashish Dahiya and Alok Bansal divested a little over 1 per cent stake in the company for Rs 920 crore through open market transactions. PB Fintech’s chief executive Dahiya and Vice Chairman Bansal sold a total of 50.50 lakh shares or 1.09 per cent stake in the company. PB Fintech … Read more
In a clear display of divergent strategies, foreign institutional investors (FIIs) and mutual funds took opposite calls on a clutch of new-age stocks during the March 2025 quarter. An analysis of 14 new age stocks shows that FIIs chose to cut their stakes 8 scrips in Q4FY25 compared to the Q3FY25, while mutual funds raised … Read more
Manas Agrawal of Bernstein Societe Generale Group, says the last three days have been very volatile for PB Fintech. So, clarity on offline expansion front will be helpful. Bernstein has written a note where it talks about the key questions for the management. Essentially, what is the business plan? It is good for the consumer … Read more
As the dengue epidemic continues to grip Karnataka, many residents are concerned about the financial burden of medical treatment. With rising hospitalisation rates and costs, the question of health insurance coverage is becoming increasingly important. Health insurance policies typically cover a wide range of medical expenses, including hospitalisation, doctor’s fees, and medications. However, the specific … Read more
New-age fintech firm PB Fintech (the parent company of Policybazaar), which dropped more than 70% from its all-time highs post listing, has managed to recoup some losses in the last 7-8 months and chart pattern suggests that there is further upside. The stock which hit a high of Rs 1,470 on 17th November 2021 failed … Read more
New Delhi: Softbank on Friday sold 5.1% stake worth Rs 1,043 crore of PB Fintech, the parent of Policybazaar, through an open market transaction. SVF India Holdings (Cayman) offloaded 2,28,42,424 shares, amounting to 5.08% stake in the company, according to block deal data available with the National Stock Exchnage (NSE). The entity is a subsidiary … Read more
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
Mumbai: Docprime Technologies, a subsidiary of PB Fintech (Policybazaar), is offering free digital health lockers integrated with Ayushman Bharat Digital Mission (ABDM). The health locker is a gateway for users to connect with the digital health ecosystem by empowering them with a digital and self-consented health data management system. Users can create digital health IDs … Read more
MUMBAI: PolicyBazaar‘s Dalal Street debut on Monday saw it post strong listing gains, however, brokerage firm Services sees limited scope for further gains in the stock. The brokerage has initiated coverage on the online insurance broker with a “hold” rating and a price target of Rs 1,270, which implies a nearly 5 per cent downside … Read more