“Maintained a 'Neutral' rating on PB Fintech but reduced its target price to Rs 1,820, implying 12% upside from the previous closing price. The company reported strong Q1 topline growth and operational efficiency, leading to increased revenue and profit estimates. However, uncertainty surrounding commission regulations remains a key risk.”

Motilal Oswal Analysis’s track record: 6 graded calls · 95% CI 19–81%