Pending — not yet graded
Bullish on PB Fintech with a price target of ₹2,050, indicating a 15% upside. Jefferies projects a 35% CAGR in premiums over FY26-29. Strong operating leverage and a growing renewal book are expected to quadruple adjusted EBITDA over the same period, despite risks from adverse commission regulations, with combined operating model and claim support initiatives providing levers.

Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%

PB Fintech LtdBullishCalled 11 Sep 2026
Verdict:PENDING

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