Policybazaar dazzles on debut. Will the ‘overpriced’ stock make money in the near term? – Economic Times


Alok Bansal and Yashish Dahiya, co fobeneaths, Policybazaar; picture credit rating: Policybazaar by way of Fb


Since its itemizing, Policybazaar is holding strong, with continued investor curiosity. An straightforward-to-understand enterprise mannequin, strong prime line, and losses beneath administration make it a protected guess amongst shopper-Internet startups. However, specialists think about the probability Of greater people prices, worth-delicate consumers, and an alstudyy strong rally Inside the inventory worth might deter A strong upside.

Monday was not An best start for the itemizing of Policybazaar shares. After a lacklustre IPO by Paytm, There have been considerations that The web insurance coverage-coverage aggregator might see some buyers creating chilly ft regardless of being oversubscribed 17 occasions.Even Nykaa, which made a stellar debut on the bourses, noticed its inventory tank on Monday after the announcement of its quarterly outcomes, as buyers questioned a share pledge by promoter Falguni Nayar.


Nov 18, 2021, 12:01 AM IST

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Source: https://economictimes.indiatimes.com/prime/money-and-markets/policybazaar-dazzles-on-debut-will-the-overpriced-stock-make-money-in-the-near-term/primearticleshow/87765456.cms

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