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Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair price

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Core Development: Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair price
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Market & Financial Impact: Nomura has cut PB Fintech’s target price by 31% to Rs 1,100 after proposed IRDAI curbs on insurance website practices and commissions. The brokerage lowered earnings estimates, while alternative scenarios suggest fair values of Rs 1,335-1,366.
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Actionable Insight: 📊 Earnings Focus: Assess quarterly EBITDA margins, year-over-year revenue, and management guidance.

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Official Publisher Attribution: This report is aggregated from Economic Times. ZeroLive provides live aggregation, automated sentiment synthesis, and exchange disclosure monitoring for retail market participants.
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