Why did the PB Fintech share price jump today?

The stock rallied after PB Fintech canceled a board meeting to consider a qualified institutional placement. With dilution risk off the table for now, buyers stepped in. Heavy volume, oversold technicals, and a strong Q3 backdrop supported the move, helping shares rebound toward ₹1,583.80 intraday from recent lows.

Does canceling the Policybazaar QIP mean there will be no fundraise?

No. The company canceled today’s board meeting, but it did not rule out a future raise. Investors expect clarity on timing, size, and use of proceeds, including potential inorganic growth. A later QIP could align with better market conditions or a specific acquisition opportunity.

What do PB Fintech Q3 results indicate for the business?

Q3 showed a 165% year‑on‑year profit jump and an EPS beat, suggesting improving scale and operating leverage. The balance sheet is strong with low debt and ample liquidity. The key is consistency: markets want steady revenue growth, disciplined marketing, and stable margins across quarters to support the current valuation.

What levels should traders watch on PB Fintech now?

Support sits near ₹1,412 and then ₹1,311.35. Resistance is around ₹1,583–₹1,600, followed by ₹1,674 and ₹1,700. A sustained close above ₹1,600 on strong volume would improve momentum. The stock remains below its 50‑ and 200‑day moving averages, so trend confirmation is still pending.

Global Market Insights

POLICYBZR.NS Stock Today: February 06 – 10% Rebound as QIP Meeting Canceled

ByDanny Kontos February 6, 2026February 6, 2026

PB Fintech share price jumped as much as 10% on February 6 after the company canceled a board meeting to consider a QIP. The decision eased near‑term dilution worries and helped the ticker POLICYBZR.NS reverse recent losses. As of today, shares traded near ₹1,552.80, up 7.84%, after hitting an intraday high of ₹1,583.80. The move comes despite a strong Q3, where profit rose 165% year on year. We break down the news, the charts, and what it means for Indian investors watching PB Fintech stock news.