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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