PB Fintech Shares Drop 42% Amid IRDAI Reform Proposal
PB Fintech shares fell 42% over four sessions, erasing Rs 37,000 crore in market value after IRDAI proposed reforms targeting insurance distribution and dark patterns. Jefferies lowered its target price to Rs 1,540, while Bernstein maintained an Outperform rating with a Rs 2,310 target, suggesting up to 100% upside potential.
ET Markets·1h ago



