PB Fintech Ltd, the company behind PolicyBazaar, saw its stock price drop by over 20% just a few days after reaching a record high in early January. It peaked at Rs 2,254 on January 6, 2025, but couldn’t keep that level. Good news is, it found support above the 200-day moving average on daily charts, which is a sign of stability.
Experts say that short-term traders who are okay with some risk can think about buying this stock. They suggest aiming for a target price of Rs 1,868 within the next month or two.
Leave a Reply