Policybazaar, Paisabazaar share: PB Fintech stock down 48% in 6 days, more pain ahead - Here’s why | Revised target
Shares of PB Fintech have fallen 48% over six sessions due to proposed insurance commission changes. Brokerages have revised estimates, raising concerns about profitability in general insurance and the POSP model. Bernstein cut its target price by 53%.
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