PB Fintech shares, however, currently is above the 14-day simple moving average and the 21-day exponential moving average. (Photo source: Freepik)
Shares of PB Fintech Ltd. — the parent of insurance aggregator PolicyBazaar — have been under bearish pressure since the beginning of the year, as the stock has plunged nearly 30% in 17 sessions. However, Citi Research expects a catch-up, given the healthy earnings visibility. From its life high of Rs 2,246.9 per share, the stock of the online insurance company plunged to Rs 1,610 mark on Wednesday. It took support in the same regio...