VERIFIEDET Stocks·30 Sept 2026negative

Bernstein cuts PB Fintech share price target by 53%. More pressure after Rs 37,000 m-cap rout?

AI Summary

·PB Fintech shares have fallen 42% in four sessions, losing Rs 37,000 crore in market capitalization.
·The decline follows IRDAI's proposed reforms concerning dark patterns and insurance commission rationalization.
·Bernstein has reduced its share price target for PB Fintech by 53%.