Pending — not yet graded
“Bullish on PB Fintech (Policybazaar parent) with a maintained target price of ₹2,050, implying a 14% upside. Jefferies notes that digital brokers benefit from rising insurance penetration and online channel shifts, expecting PB Fintech, with over 90% market share, to see a 35% CAGR in premiums over FY26-29. Strong operating leverage and a growing renewal book should drive 4x adjusted EBITDA expansion, despite risks from adverse commission regulations.”
Jefferies Analysis’s track record: 3 graded calls · 95% CI 44–100%
PB Fintech LtdBullishCalled 11 Sep 2026
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