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VERIFIEDET Stocks·positive
PB Fintech shares gain 2% after Q1 results. Why Morgan Stanley, Nomura see up to 25% downside
AI Summary
- ·PB Fintech reported a 92% year-on-year jump in net profit to Rs 163 crore for Q1 FY27.
- ·Operating revenue saw a 40% increase, reaching Rs 1,888 crore.
- ·Total insurance premium grew by 41% to Rs 8,372 crore, with PAT margin improving to 9%.