💸 Policy Bazar Fintech (PB Fintech) 💸


🌟About Company🌟
PB Fintech (PBF) is one of India's leading Insurance and lending intermediaries. It primarily operates through its platforms PolicyBazaar/PaisaBazaar, but it has also ventured into newer businesses.

🌱 Growth Drivers for Company 🌱

⚈ After Covid, we all realised the importance of life insurance. Growth opportunities for Insurance companies are tremendous as consumer behaviour is changing. People are willing to spend more money on health and life insurance.

⚈ PBF is well-positioned to benefit from India's rising insurance penetration, particularly through digital distribution.

⚈ Its key business moats are high growth, operating leverage, a strong balance sheet, and established brand recall among the Indian population. This should help the company generate strong free cash flows as its cost-to-income ratio is expected to plateau in the near future.

⚈ The business model will grow faster than other insurance players.
The increasing premium income expected in the digital medium should be the primary growth driver for PBF.

⚈ The company will benefit from insurance renewals. The long-tail nature of the insurance industry encourages high operating leverage because renewal books should not incur any additional costs and should ideally operate at near-100 % contribution margins.

📈 Technical Analysis 📈
⚈ Since its inception, the stock price has been in a downward trend, and it appears to have reached a bottom.
⚈ On hourly charts, the stock is trading at the 50 and 100 EMA.
⚈ On hourly charts, the stock is following a trendline and has recently taken support from it.

💰Entry: Stock can be purchased at the current market price (CMP) and can be added further in the range of Rs 600 - Rs 640.

🎯 Target 1: Rs 818 ( Time Frame: 10 -15 days)
🎯 Target 2: Rs 930 ( Time Frame: 1-2 months)
🎯 Target 3: Rs 1050 ( Time Frame: 3-4 months)

🚫 Stop Loss: Rs 540 (Daily Closing)