PB Fintech shares fall for second session; should you buy, sell or hold?
1 year, 4 months ago

PB Fintech shares fall for second session; should you buy, sell or hold?

Live Mint  

PB Fintech shares continued its losing streak for the second consecutive session on Wednesday's trade following the release of the company's Q1FY24 earnings on Monday, in which it trimmed its on-year losses. On Monday, PB Fintech posted its Q1FY24 earnings where the company reported a net consolidated loss of ₹11.9 crore, which was 94% less than the net loss of ₹204 crore reported during the same quarter the previous fiscal year. Nuvama Institutional Equities According to the brokerage, PB Fintech posted impressive results, mostly due to good operating leverage because premium throughput reduced to 23.9% YoY. Kotak Institutional Equities Revenue growth for PB Fintech's existing business was significant, while revenue growth for new projects has slowed to 12% yoy on a high base.

Quarter Increased Pb Fintech  revenues  quarter  shares  share  pb  fintech  buy  term  sell  fall  increased  million  yoy  session  hold  second

History of this topic

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buying PFC, PNB tomorrow - December 2
Trending News
3 weeks, 3 days ago

Stocks to buy or sell: Dharmesh Shah of ICICI Securities recommends buying PFC, PNB tomorrow - December 2

Live Mint  

Stock Market News: On Friday, the last trading session of the week, the domestic benchmark indices, Nifty 50 and Sensex, showed positive movement, marking a step forward for the Indian stock market. Market Outlook by Dharmesh Shah, Vice President, ICICI Securities Equity benchmark extended gains over second consecutive week fueled by state election outcome that coupled with firm global cues. …

PNB Share Price Today on 27-11-2024: PNB share price are down by -0.66%, Nifty up by 0.02%
4 weeks ago

PNB Share Price Today on 27-11-2024: PNB share price are down by -0.66%, Nifty up by 0.02%

Live Mint  

PNB Share Price Today on 27-11-2024: At 27 Nov 11:28 today, PNB shares are trading at price ₹104.38, -0.66% down from the previous closing price. On the technical front, the stock is trading above the 5,10,20,50 days SMA & lower than the 100,300 day SMA. The stock will have support at 5,10,20,50 days SMA & face resistance at 100,300 days …

PNB Share Price Today on 26-11-2024: PNB share price are up by 0.58%, Nifty up by 0.02%
4 weeks, 1 day ago

PNB Share Price Today on 26-11-2024: PNB share price are up by 0.58%, Nifty up by 0.02%

Live Mint  

PNB Share Price Today on 26-11-2024: At 26 Nov 11:17 today, PNB shares are trading at price ₹104.7, 0.58% up from the previous closing price. On the technical front, the stock is trading above the 5,10,20,50 days SMA & lower than the 100,300 day SMA. The stock will have support at 5,10,20,50 days SMA & face resistance at 100,300 days …

PNB Share Price Today on 22-11-2024: PNB share price are up by 3.48%, Nifty up by 1.28%
1 month ago

PNB Share Price Today on 22-11-2024: PNB share price are up by 3.48%, Nifty up by 1.28%

Live Mint  

PNB Share Price Today on 22-11-2024: At 22 Nov 12:23 today, PNB shares are trading at price ₹99.74, 3.48% up from the previous closing price. On the technical front, the stock is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, 100 & 300 days. The SMA …

PNB Share Price Today on 12-11-2024: PNB share price are down by -1.64%, Nifty down by -1.07%
1 month, 1 week ago

PNB Share Price Today on 12-11-2024: PNB share price are down by -1.64%, Nifty down by -1.07%

Live Mint  

PNB Share Price Today on 12-11-2024: At 12 Nov 16:01 today, PNB shares are trading at price ₹103.4, -1.64% down from the previous closing price. On the technical front, the stock is trading above the 10,20 days SMA & lower than the 5,50,100,300 day SMA. The stock will have support at 10,20 days SMA & face resistance at 5,50,100,300 days …

PNB Share Price Today on 11-11-2024: PNB share price are up by 0.35%, Nifty down by -0.03%
1 month, 2 weeks ago

PNB Share Price Today on 11-11-2024: PNB share price are up by 0.35%, Nifty down by -0.03%

Live Mint  

PNB Share Price Today on 11-11-2024: At 11 Nov 16:01 today, PNB shares are trading at price ₹105.12, 0.35% up from the previous closing price. On the technical front, the stock is trading above the 10,20 days SMA & lower than the 5,50,100,300 day SMA. The stock will have support at 10,20 days SMA & face resistance at 5,50,100,300 days …

PB Fintech shares rise 3% after posting fourth consecutive quarterly profit in Q2
1 month, 2 weeks ago

PB Fintech shares rise 3% after posting fourth consecutive quarterly profit in Q2

Live Mint  

Stock Market Today: PB Fintech, the parent company of Policy Bazaar and Paisa Bazaar, witnessed a 3.4% rise in its share price to ₹1,696 apiece in early morning trade on Wednesday, November 6. This boost came after the company announced its fourth consecutive quarterly profit on Tuesday, driven by strong growth in its new health and life insurance business. PB …

Stocks To Watch: REC, MCX, and HAL Show Potential for Short-Term Uptick
1 month, 3 weeks ago

Stocks To Watch: REC, MCX, and HAL Show Potential for Short-Term Uptick

Live Mint  

The Indian stock market opened on a mixed note on Wednesday, with the Sensex dropping by 0.16% and the Nifty 50 index shedding 0.39%. Dr. V K Vijayakumar of Geojit Financial Services noted that the market will be swayed by two main factors: decreased foreign institutional investor (FII) selling and increasing local institutional investor (DII) and retail participation.

PNB Shares Up 2.97%, Nifty Up 0.65% Today
Trending News
1 month, 3 weeks ago

PNB Shares Up 2.97%, Nifty Up 0.65% Today

Live Mint  

PNB shares are trading up today, with the stock price increasing by 2.97%. The stock has hit a high of ₹101.95 and a low of ₹96 during the day, and is currently trading above the 5 days SMA & lower than the 10,20,50,100,300 day SMA. The stock has key support levels at ₹95.8, ₹92.91, & ₹89.83, and key resistance levels …

PNB Shares Up 1.32%, Nifty Up 0.19% Today
2 months ago

PNB Shares Up 1.32%, Nifty Up 0.19% Today

Live Mint  

PNB shares are trading up today, with the stock price increasing by 1.32%. The Nifty is also up by 0.19%. The stock has hit a high of ₹96.55 and a low of ₹92.35 during the day, and is trading below the short term simple moving averages of 5, 10, 20 day as well as longer term moving averages of 50, …

Akme Fintrade share price touches upper circuit after positive debut on Dalal Street. Buy, sell or hold?
5 months, 4 weeks ago

Akme Fintrade share price touches upper circuit after positive debut on Dalal Street. Buy, sell or hold?

Live Mint  

Akme Fintrade Ltd shares made a strong debut on both BSE and NSE, opening at ₹125.70 and ₹127 respectively. Akme Fintrade share price outlook VLA Ambala, Founder of Stock Market Today, advises Akme Fintrade shareholders to consider booking profit. He points out key concerns such as higher NPAs compared to peers, past compliance failures with RBI norms, significant shareholding and …

Stock to buy: Anand Rathi assigns ‘Buy’ rating on Rossari Biotech shares, sees 26% upside
6 months, 1 week ago

Stock to buy: Anand Rathi assigns ‘Buy’ rating on Rossari Biotech shares, sees 26% upside

Live Mint  

Rossari Biotech share price traded over a percent higher on Friday after domestic brokerage firm Anand Rathi initiated coverage on the stock on expectations of strong growth. {{^adFree}} {{/adFree}} Anand Rathi has assigned a ‘Buy’ rating on Rossari Biotech shares with a target price of ₹950 apiece, implying an upside potential of nearly 26% from its Thursday’s closing price. With …

Wipro Shares Gain Over 2% As Q4 Earnings Beat Expectations; Should You Buy, Sell Or Hold?
8 months ago

Wipro Shares Gain Over 2% As Q4 Earnings Beat Expectations; Should You Buy, Sell Or Hold?

News 18  

Wipro shares gained over 2 per cent on Monday as investors reacted to the IT services firm’s fourth-quarter results, which was better than what market analysts expected. Wipro has beaten the Street estimates with a 5 per cent rise in net profit for the January-March quarter, but persisting cost-cutting measures, decline in headcount and a sluggish guidance for the next …

PolicyBazaar’s parent PB Fintech to form a payment aggregator subsidiary
9 months ago

PolicyBazaar’s parent PB Fintech to form a payment aggregator subsidiary

Live Mint  

PolicyBazaar’s promoter PB Fintech on Wednesday said its board has approved the incorporation of a wholly-owned subsidiary for payment aggregator business. The new subsidiary called PB Pay Private Limited would “carry on the business of payment aggregator – domestic and / or cross border or both, as may be permitted by the Reserve Bank of India, by facilitating merchants with …

PB Fintech stock sees sharp recovery, up 82% in 2023 so far
1 year, 1 month ago

PB Fintech stock sees sharp recovery, up 82% in 2023 so far

Live Mint  

New-age tech stocks have bounced back strongly from their poor show in CY22, and PB Fintech, the parent company of Policy Bazaar and Paisa Bazaar, was one such which delivered a tremendous return in CY23 after a steep drop in the previous calendar year. Particularly, its core online business segment, Health & Term Insurance, witnessed an impressive 53% YoY growth …

Buy or sell: Vaishali Parekh recommends three stocks to buy today — October 10
1 year, 2 months ago

Buy or sell: Vaishali Parekh recommends three stocks to buy today — October 10

Live Mint  

Buy or sell stocks for today: First a look at how equity indices fared on Monday - the Nifty 50 and the Sensex ended with significant losses as the ongoing Israel-Palestine war spooked investors. Intraday trading strategy for Tuesday Vaishali Parekh, Vice President — Technical Research at Prabhudas Lilladher feels Nifty has found resistance near the 19,675 zone and has …

SoftBank may sell 2.54% stake in PB Fintech worth ₹874 crore via a block deal
1 year, 2 months ago

SoftBank may sell 2.54% stake in PB Fintech worth ₹874 crore via a block deal

Live Mint  

SoftBank is likely to off-load 2.54 per cent stake in PB Fintech worth nearly ₹874 crore via a block deal, sources told CNBC-TV18. The Masayoshi Son-led investment holding company may undertake the share sale at 0-2 percent discount to ₹767 current market price, the sources added. As of June 2023, SoftBank held 4.39 percent in the fintech company, which is …

PNB share price falls over 4% post Q2 business update; should you buy the stock?
1 year, 2 months ago

PNB share price falls over 4% post Q2 business update; should you buy the stock?

Live Mint  

PNB share price fell over 3 per cent in morning trade on NSE on Thursday, a day after the company reported its September quarter business update. Around 10:45 am, PNB share price traded 3.51 per cent lower at ₹76.95 on NSE. Data show that in the last year, PNB share price has surged over 113 per cent while the Nifty …

PB Fintech Q1 Results: Net loss narrows 94% YoY to ₹11.9 crore, revenue up 39%
1 year, 4 months ago

PB Fintech Q1 Results: Net loss narrows 94% YoY to ₹11.9 crore, revenue up 39%

Live Mint  

PB Fintech released their April to June quarter results on Monday and posted a net consolidated loss of ₹11.9 crore which was 94% lower year-on-year from net loss of ₹204 crore reported during the corresponding quarter previous fiscal. The total revenue of the company jumped 39% YoY, while the operating revenue jumped 32% to ₹666 crore during the Q1FY24 from …

PB Fintech shares hit 52-week high for second consecutive day
1 year, 5 months ago

PB Fintech shares hit 52-week high for second consecutive day

Live Mint  

PB Fintech share price surged over 4% on Tuesday to hit a 52-week high of ₹731.65 apiece on the BSE, extending the rally for the second consecutive day after the company’s management shared a strong business growth plan in its first virtual meeting with analysts since listing. The parent company of Policybazaar, PB Fintech highlighted the operating efficiencies, growth in …

TCS shares plunge on weaker than expected Q4 profit. Should you buy/hold?
1 year, 8 months ago

TCS shares plunge on weaker than expected Q4 profit. Should you buy/hold?

Live Mint  

Shares of India's top IT exporter Tata Consultancy Services plunged in Thursday's opening deals after the software giant's fourth quarterly profit missed analysts' estimates as cautious clients curtailed technology spending to prepare for a cooling economy. The company's quarterly net profit rose 14.8 per cent to ₹11,392 crore. Its January-March order book stood at $10 billion, down 11.5 per cent …

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?
1 year, 10 months ago

Delhivery shares: Should you buy, sell, hold as Q3 loss widens?

Live Mint  

Logistics firm Delhivery net loss widened to ₹195.7 crore for the third quarter ended December 2022 as compared to a loss of ₹127 crore in the yea-ago quarter. We believe B2B, operating leverage and low e-commerce penetration driven growth are being underestimated,” said global brokerage Jefferies which has maintained its Buy tag on Delhivery shares with a target price of …

PB Fintech shares gain after SoftBank reduces stake by half; details here
2 years ago

PB Fintech shares gain after SoftBank reduces stake by half; details here

Firstpost  

After the news, the PB Fintech was trading at a price of Rs 470.20 per share at 12:51 pm, which is a jump of 2 percent since the market opened Around 2.28 crore shares, amounting to 5.1 percent equity, of PB Fintech changed hands in a block trade today, 2 December. After the news, PB Fintech was trading at a …

SoftBank to cut stake in PolicyBazaar by half
2 years ago

SoftBank to cut stake in PolicyBazaar by half

Live Mint  

Japanese conglomerate SoftBank will sell half of its stake in listed insurance aggregator PolicyBazaar, owned by PB Fintech, in a block deal on 2 December, for an amount of $130 million, according to a person aware of the development. The investment management giant will divest 5% stake, around 22 million shares, out of the total 10% stake in PolicyBazaar at …

SoftBank plans to sell 5% stake in Policybazaar via block deal tomorrow: Report
2 years ago

SoftBank plans to sell 5% stake in Policybazaar via block deal tomorrow: Report

Live Mint  

Japanese conglomerate SoftBank Group Corp is planning to sell a 5% stake in PB Fintech, the parent of online insurance marketplace Policybazaar, via a block deal on Friday, reported Reuters citing a report. From tomorrow's block deal, through which Softbank is aiming to raise ₹1,000 crore, could be at a base price of ₹440 a share, at a discount of …

Bajaj Finance Shares Tumble 5% Post Q4FY22 Results; Should You Buy, Hold or Sell?
2 years, 7 months ago

Bajaj Finance Shares Tumble 5% Post Q4FY22 Results; Should You Buy, Hold or Sell?

News 18  

Bajaj Finance Q4FY22: Bajaj Finance shares slipped 5 per cent in Wednesday’s trades to Rs 6,855 on the BSE in intra-day trade despite registering strong growth in net profit by 80 per cent year on year at Rs 2,420 crore for the fourth quarter that ended in March 2022. Yesterday, Bajaj Finance reported a 79.7 per cent year-on-year rise in …

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