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POLICYBZR PB Fintech News Story

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FinancialsAdventurousLarge CapMomentum Trap

India's PB Fintech hits 21-month high

** Shares of PB Fintech  PBFI.NS , parent of online
insurance aggregator PolicyBazaar, rise as much as 3.7% to 832
rupees, logging their highest since Feb 11, 2022
    ** Stock up for the eighth straight session; up 20% since
reporting a narrower Q2 loss on Nov 4
    ** Core premium growth remains healthy, which is the biggest
earnings driver for co, ICICI Securities said post results
    ** About 1.7 mln shares change hands vs 30-day avg of 1.3
mln
    ** PBFI among top gainers in Nifty mid-cap index
 .NIFMDCP100 , rising 85% YTD vs 33% gains in the index 

 (Reporting by Sethuraman NR)
 ((Sethuraman.NR@thomsonreuters.com; (+91 9945291420); Reuters
Messaging: nallur.sethuraman.thomsonreuters.com@reuters.net))

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