PB Fintech, the parent company of Policy Bazaar and Paisa Bazaar, saw its shares surpass the IPO price after a two-year period as investors responded positively to its strong Q3FY24 performance.
New-age tech stocks have made a comeback in 2023, with stocks like Zomato, PB Fintech, CarTrade Tech, Paytm, Nykaa, and Delhivery yielding positive returns. Among these, Zomato managed to cross its IPO price and also delivered a multi-bagger return.