BofA Securities has a neutral rating on PB Fintech (Policybazar) with the target price of Rs 1,980. Analysts said that the company’s management sees no GST-led negative impact on health and term policies, some impact on savings business but they’re working to address the same in the next 3-6 months. Most insurer contracts on combined operating ratio. They said that with lower operating expense and better claims ratio, PB is better placed to negotiate with insurance companies. PB is focused on driving healthy growth, they said. Jefferies has a buy on Chalet Hotels with the target price at Rs 1,070. Analyst said that the company reaffirmed its metro dominance at its analyst meet, citing institutional partnerships, mixed-use expertise and industry-leading execution. The hospitality compan

See Full Page