JM Financial sees limited upside for PolicyBazaar in near-term

JM Financial sees limited upside for PolicyBazaar in near-term

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