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POLICYBZR PB Fintech News Story

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FinancialsAdventurousLarge CapMomentum Trap

India's PB Fintech climbs to over 2-year high

** Insurance aggregator Policybazaar's parent PB Fintech
 PBFI.NS  rises as much as 10.7% to 1,135 rupees     
    ** Stock is top gainer in Nifty mid-cap index  .NIFMDCP100 ,
which is down 0.5%  
    ** PBFI stock scales to its highest since mid-Dec 2021
    ** If gains hold, stock on track for a third straight
session of gains
    ** Avg rating of 15 analysts is equivalent of "buy"; median
price target is 1,010 rupees - LSEG data
    ** Stock up 40.7% YTD, outperforming the Nifty mid-caps, 
which have risen 6.2% 

    

 (Reporting by Rama Venkat in Bengaluru)
 ((ramavenkat.raman@thomsonreuters.com; https://twitter.com/ramavenkat0607;))

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