Pine Labs eyes ₹200 as recovery rally builds off May low of ₹134.75

The payment-rails operator, listed in November 2025, has broken resistance at ₹155 and is in a near-term corrective rally. Momentum points toward a ₹200 target as the stock recovers from its May trough of ₹134.75.

— Filed Mon, 29 Jun, 2026, 06:46 IST · Source The Hindu BusinessLine · Updated

Pine Labs, a payment rails operator listed in November 2025, has been recovering from a May low of ₹134.75 after breaking resistance at ₹155, with a near-term corrective rally potentially taking the stock toward ₹200.

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