Broker’s call: PB Fintech (Buy)
· thehindubusinessline.com
PB Fintech: Jefferies upgrades with 1,540 target; quarterly revenue up 35%, EBITDA miss on higher costs, strategic non-insurance growth and cost alignment discussed.
Target: ₹1,540
CMP: ₹928.10
September quarter revenue grew by 35 per cent y-o-y, ahead of Jefferies expectations. However, adj. EBITDA at ₹220 crore (+3...