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

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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Economic TimesLean R·1h ago
Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair price
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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Nomura becomes latest brokerage to cut PB Fintech share price target by 31%, lists 2 scenarios for fair price

How 1 sources are covering this

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

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