PB Fintech Ltd

(POLICYBZR)

PB Fintech Reports Strong Q2 Profit and Revenue Growth - 19 Nov, 2024

PB Fintech reported a net profit of Rs 51 crore in Q2-FY25, a significant turnaround from a Rs 21 crore loss last year. Revenue surged 44% to Rs 1,167.23 crore, compared to Rs 811.63 crore in the same quarter last year.

PB Fintech Stock Gains Despite Proximity to 52-Week High - 17 Nov, 2024

On November 14, 2024, PB Fintech's stock closed at ₹1,727.40, up 5.79%. It remains 12.3% below its 52-week high of ₹1,966.50 and 137.9% above its low of ₹725.25.

PB Fintech Stock Downgraded Amid Strong Performance - 11 Nov, 2024

PB Fintech shares fell after UBS downgraded the stock to Sell, despite a strong Q2FY25 performance. Jefferies remains bullish, raising its target price and growth forecasts, citing strong renewal revenues and online premiums.

PB Fintech Stock Rises on Strong Earnings Report - 07 Nov, 2024

PB Fintech's stock increased by 4.65% after Jefferies raised its target price to ₹2,000, citing strong Q2FY25 results and growth projections. The company shows robust operational strength and positive growth trajectory.

PB Fintech Reports Strong Q2 Earnings, Shares Surge - 06 Nov, 2024

PB Fintech reported a profit of ₹51 crore for Q2 FY25, marking a turnaround from last year's loss. Shares rose 3.4% following strong earnings, driven by growth in health and life insurance. Analysts maintain mixed ratings, with Investec bullish and Morgan Stanley cautious about valuation. Overall, the company shows strong revenue momentum and investor confidence.

PB Fintech Reports Profit Amidst Market Fluctuations - 05 Nov, 2024

PB Fintech's Q2 results show a net profit of ₹51 crore, overcoming previous losses. Despite a drop in share price ahead of results, analysts expect strong performance and revenue growth.

PB Fintech Anticipates Strong Q2 Results - 04 Nov, 2024

PB Fintech is expected to report a 110% QoQ increase in PAT for Q2FY25, with revenue projected to grow 35.15% YoY to Rs 1,096.9 crore. Analysts are optimistic about margins improving and will focus on management's insights regarding the company's healthcare expansion.

PB Fintech Focuses on Consumer-Centric Growth - 31 Oct, 2024

Yashish Dahiya, CEO of PB Fintech, highlighted the need for execution and consumer-centricity in the insurance sector. He emphasized consistent growth and competition with traditional investments, aiming to enhance the health insurance ecosystem without significant capital investment.

Bernstein Bullish on PB Fintech Growth Prospects - 29 Oct, 2024

Bernstein has reiterated its Outperform rating on PB Fintech, setting a target price of Rs 1,720. The brokerage anticipates growth in health insurance and savings segments, despite cautious sentiment heading into Q2 earnings.

Citi Projects 18% Upside for PB Fintech Shares - 23 Oct, 2024

Citi maintains a buy rating on PB Fintech, setting a target price of Rs 1,925, indicating an 18% upside. The firm highlights strong momentum in retail health and protection segments. PB Fintech is also considering a minority investment in the healthcare sector, aiming to bridge trust gaps between hospitals and insurance companies. Bernstein has set a price target of Rs 1,760, reflecting mixed analyst reactions.

PB Fintech Subsidiary Approved for Account Aggregator Services - 21 Oct, 2024

PB Fintech's wholly-owned subsidiary, PB Financial Account Aggregators, has received RBI approval to operate as an Account Aggregator, enhancing its financial services capabilities.