PB Fintech Policybazaar share price target 2024, 2025, 2028, 2030 In which direction the company’s performance can be seen, today we will try to know. PB Fintech Ltd which is also known as Policy Bazaar and Paisa Bazaar under both the brand names of the company.
Today, we will analyze the complete details of Policybazaar, a company associated with the insurance sector, and look at the future opportunities, so that we can know how much the share price of Policybazaar can go up to in the coming years. Let us know in detail-
PB Fintech Policybazaar share price target 2024
PB Fintech The company’s one-of-a-kind market-leading position is seen in products related to insurance, credit cards, and loans on digital platforms in India. Where Policybazaar compares with the country’s top insurance company in its platform and provides the facility to the customer to buy his favorite insurance right here. From here the company gets to see good profits through commission.
Policybazaar Through its best platform, about 94 percent market share of the company is seen in the digital insurance segment. Along with this, it has also been able to capture 51 percent market share in the company’s Paisabazaar business. Due to the growing business of the company, with a big jump in revenue, the management is also seen reducing the loss, due to which the company is fully expected to show profits in the coming days.
As the company will be seen showing profits, PB Fintech Policybazaar share price target is expected to show the first target of Rs 1700 with increasing business by 2024. After this target, you will soon see another target of Rs 1950.
PB Fintech Policybazaar share price target 2025
Policybazaar constantly seems to be working in pairs to spread its business, where the company can be seen increasing its full focus to make a strong hold in the big market of India as well as the international market. The company has recently been seen expanding its business very fast in Dubai.
In the coming years also, PB Fintech will be seen doing the money raised through its IPO to expand its business in different countries to the tune of Rs. .
Looking at the growing expansion in the company, PB Fintech Policybazaar share price target 2025 is going to show you the first target of Rs 2340 with good returns in the coming years. After that you can stop for the second target having interest of Rs 2500.
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PB Fintech Policybazaar share price target 2028
Policybazaar customers get to partner with more than 51 insurance companies to offer all types of insurance plans on its platform. Due to the strong relationship of PB Fintech with every leading insurance company in the country, the company has shown tremendous growth in the last few years in terms of customer engagement.
Slowly, Policybazaar is now seen making full preparations to bring its own insurance plan. As the companies are seen bringing their own insurance plans on their platform, the pace of business growth is going to be very fast with the majority of the profits being retained by them.
Due to rising profit rate, PB Fintech Policybazaar share price target is expected to show you the first target around Rs 4300 with tremendous returns by 2028. And then you can consider holding the second target for Rs 4500.
PB Fintech Policybazaar share price target 2030
For a long time, you will see that India has yet to enter a large population insurance sector, still very few people have the insurance plans they need. Due to which the government is also seen trying its best to promote the insurance sector.
As people are going digital, most of the people are choosing to buy their insurance online by comparing it with other plans. Policybazaar, being the market leading company of this sector providing all facilities, is going to be seen taking advantage of this huge opportunity in the long run. Analysts believe that by 2030, India’s insurance industry will show growth at a CAGR of 17.8.
Looking at the company’s performance in the long run, PB Fintech Policybazaar share price target 2030 has every chance of showing you around Rs.9800/- with good earnings.
PB Fintech Policybazaar share price target 2024, 2025, 2028, 2030
Year | PB Fintech Policybazaar share price target |
2022 Target 1 | Rs 1700 |
Target 2 | Rs 1950 |
2023 Target 1 | Rs 2340 |
Target 2 | Rs 2500 |
2025 Target 1 | Rs 4300 |
Target 2 | Rs 4500 |
2030 Target | Rs 9800 |
Future of PB Fintech Policybazaar share
Looking from the future point of view, due to the leading position in the PB Fintech insurance and credit market, it is seen that the company has a very large presence. The company is trying its best to provide better service to the customer by making good use of digital medium like Artificial Intelligence, Machine Learning to provide best facilities to its customers.
Due to which the company has full hope of holding a good market share in the long run. Considering Policybazaar’s excellent business opportunity, long term investors are expected to show good performance in the stock price.
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Risk of PB Fintech Policybazaar share
If we look at the biggest risk in Policybazaar, the company has not yet managed to show profit, however the company is slowly reducing the loss, due to which there is hope of showing profit gradually. In the coming years, as the company will be seen showing profits in its financial results, this risk is also going to end.
If you look at the second risk, then it depends on the business insurance partner of Policybazaar, if any partner leaves PB Fintech, then there can be a big impact in the business.
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My Opinion:-
The way PB Fintech seems to be increasing its focus on building an ecosystem in its insurance business, its benefits are definitely going to be seen for the company in the long run. Policybazaar share looks very good for long term investors as the company is closely associated with the digital insurance segment with regard to business future. If you are thinking of making this investment, then do not forget to take the help of your financial advisor once.