PB Fintech's shares surged by as much as 7% to reach a fresh 52-week high due to the business growth plans revealed in its first virtual meeting with analysts. The company, which owns Policybazaar platform, plans to fill gaps in the market by using data and technology, giving it an edge in addressing India's underpenetrated market. Product innovation is expected to drive its faster-than-industry growth. Kotak Institutional Equities has maintained its positive stance with a 'buy' rating and a fair value of INR725.
