PB Fintech share price BSE, PB Fintech share price target: PB Fintech shares were under pressure on Tuesday a day after the company, which runs portals Policybazaar and Paisabazaar, reported a net loss of Rs 11.9 crore for the April-June period. The stock fell by as much as Rs 47.7 or 5.9 per cent to Rs 750 apiece in early deals on BSE. The company's quarterly loss, however, was better than a net loss of Rs 204 crore for the corresponding period a year ago, according to a regulatory filing. PB Fintech's operating revenue for the three-month period grew 32 per cent Rs 666 crore. Its adjusted earnings before interests, taxes, depreciation and amortisation (EBITDA) stood at Rs 23 crore for the first quarter of the current financial year, as against and EBITDA loss of Rs 66 crore a year ago. The counter settled at Rs 763.25, down by Rs 34.5 or 4.32 per cent on BSE.

PB Fintech share price target: What should investors do?

  • Zee Business analyst Varun Dubey recommended buying PB Fintech shares for a target of Rs 830 with a stop loss at Rs 785.
  • CLSA has maintained an outperform rating and has raised the target price to Rs 890 from Rs 720 
  • Morgan Stanley has maintained an overweight rating with a target price of Rs 810 
  • Citi has maintained a buy call and has raised targets to Rs 1,000 from Rs 870 

PB Fintech share price history 

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PB Fintech's stock has given a positive return of over 37 per cent in the last 12 months (from August 8, 2022). In comparison, the headline index Nifty 50 has rallied nearly 12 per cent.

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