Long term investors should wait to enter the stock as valuations are high for a loss-making company
PB Fintech opened for trading at Rs 1,150 apiece on the NSE and the BSE.
On the BSE, the chemical manufacturer opened at Rs 575, a markup of 252.76%.
The surge in earnings has been led by financials, metals & mining and oil & gas.
Chartviewindia.in is bullish on SBI Life Insurance with a price target of Rs 1,212 per share.