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VERIFIEDET Stocks·neutral

PB Fintech shares can rally 91% after 2-day bloodbath, says Bernstein. Here’s why it remains bullish

AI Summary
  • ·Bernstein retained its Outperform rating and Rs 2,310 target price for PB Fintech shares.
  • ·The brokerage expects lower insurance take rates, revenue, and profit estimates.
  • ·IRDAI's draft framework proposes changes to insurance distribution and commission structures.
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