This fintech company zoomed over 150% thus far in CY2024; hits new high

Shares of PB Fintech, which owns online financial services platform, PolicyBazaar hit a new high at Rs 2,017, as they rallied 5 per cent on the BSE in Wednesday’s intra-day trade. Thus far in the calendar year 20-2024 (CY24), the stock price of financial technology (fintech) has zoomed 154 per cent, as compared to 11.8 per cent rise in the BSE Sensex.

PB Fintech made its stock market debut on November 15, 2021, and has seen its market price more-than-double against the issue price of Rs 989 per share. The stock has skyrocketed 466 per cent from its record low of Rs 356.20 touched on November 17, 2022.