Will policy Bazaar share go up?
JM Financial has upgraded Policybazaar stock to ‘Buy’ with March 2023 target price at Rs 980 as it believes that the Indian insurance industry has strong secular tailwinds driving sustained long-term growth and Policybazaar will continue dominating insurance distribution in India across offline and online.
low price shares
| S.No. | Name | B.V. Rs. |
|---|---|---|
| 1. | Elixir Capital | 64.17 |
| 2. | Indian Metals | 317.93 |
| 3. | Deepak Spinners | 273.99 |
| 4. | Manaksia | 162.08 |
Is policy Bazaar in profit?
PB Fintech, the parent company of recently listed online insurance aggregator Policybazaar, saw its net loss in the December quarter (Q3) jump 55 per cent to Rs 297 crore, compared to the year-ago period. Meanwhile, the company recorded a revenue growth of 73 per cent to Rs 367 crore in the same period.
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Is policy Bazaar a good buy?
Better than other insurance players In the financial year 2020, PolicyBazaar was India’s largest digital insurance marketplace with a 93.4% market share in terms of the number of policies sold. Insurance in India has massive scope to grow and this bodes well for PolicyBazaar.
According to stock market analysts, PolicyBazaar share price may bounce back strongly as it is expected to get good business volume from policy renewal. They said that the time is opportune as this dip might be short lived and the stock may soon surge up to ₹1000 levels in short term.
| Company | Code | Previous Close (Rs) |
|---|---|---|
| Gradiente Infotainme | 590126 | 1.05 |
| Polar Industries | 504288 | 1.05 |
| Tricom India Ltd. | 531675 | 1.06 |
| Alora Trading Co. | 539693 | 1.06 |
BEST STOCKS UNDER VALUE 50
| S.No. | Name | Sales Qtr Rs.Cr. |
|---|---|---|
| 1. | Prismx Global | 4.39 |
| 2. | Ashima | 58.66 |
| 3. | Orient Abrasives | 68.99 |
| 4. | Evexia Lifecare | 19.43 |
Top 10 Best Stocks below Rs 10
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | Suzlon Energy | 7.14 |
| 2. | JP Power Ven. | 6.56 |
| 3. | Sh.Global Trad. | 7.57 |
| 4. | Mishtann Foods | 9.30 |
Is PolicyBazaar in loss?
PB Fintech, the parent company of Policybazaar and Paisabazaar, reported a 454% increase in its net loss to INR 832.91 Cr during the financial year 2021-22 (FY22) from INR 150.24 Cr in FY21, primarily due to a sharp rise in its expenses.
Who invested in PolicyBazaar?
Intel Capital and Info Edge invested ₹60 crore (US$12.86 million) into Policybazaar in May 2011 as part of the venture round.
How does PolicyBazaar earn?
PolicyBazaar makes money by generating leads for insurers, advertising, and policy sales. Till 2011, 85% of its revenue came from lead generation and advertising while the rest 15% came from policy sales. Now, 85% of the revenue comes from e-commerce and policy sales.
Stocks Under Rs 5 that Pay Best Dividend….Share Price Below Rs 5 – Highest Volume.
| Stock Name | Price (₹) | Volume |
|---|---|---|
| Uttam Value Steels Ltd | 0.20 | 17,16,37,179 |
| ARC Finance Ltd | 1.60 | 4,23,54,379 |
| GTL Infrastructure Ltd | 1.35 | 3,87,01,744 |
| MPS Infotecnics Ltd | 0.90 | 3,69,92,515 |
stocks under 100
| S.No. | Name | CMP Rs. |
|---|---|---|
| 1. | S A I L | 70.65 |
| 2. | Aditya Birla Cap | 92.80 |
| 3. | Trident | 37.95 |
| 4. | Federal Bank | 90.85 |
On Indian stock exchanges, the stocks can trade at any price between Rs 1 to 10,000 or above. If you wish, you can buy stocks even with share price of Rs 10 or lesser. Overall, you do not need a huge amount of money to start trading in India.
Stocks to Buy Today: Best Shares to Buy in India
| Name | LTP | Low |
|---|---|---|
| Bajaj Finserv | 11,428.40 | 11,290 |
| Bharti Airtel | 680.80 | 676 |
| Britannia Inds. | 3,424.85 | 3,388 |
| Cipla | 927.00 | 922 |
What happened to Policybazaar?
Policybazaar founders to cut sale of own shares in IPO by 85-90% The increased interest in startup IPOs and headroom for further growth in business as well as valuation after the Policybazaar IPO led founders Yashish Dahiya and Alok Bansal to reduc their stake sale by 85-90% in value.
PB Fintech, the parent company of Policybazaar and Paisabazaar, share prices fell over 10 percent after reports of stake sale by the founder. Shares PB Fintech Ltd went into a tailspin after the huge block deal, which saw around 64.7 lakh shares changing hands in bunched trade, CNBC TV reported.
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