Nomura ne PB Fintech ka target price **₹1,590** se ghatakar **₹1,100** kar diya hai. IRDAI ke naye draft proposals ki wajah se market mein darr ka mahaul hai.
Nomura ka target update
Bade brokerage house Nomura ne PB Fintech ke liye apna outlook kaafi bearish kar diya hai. Inhone stock ka target price ₹1,590 se cut karke seedha ₹1,100 par set kar diya hai. Ye sab IRDAI ke September 23, 2026 ko aaye us consultation paper ki wajah se hua hai, jisme insurance distribution ke commission par caps lagane ki baat kahi gayi hai.
Business model par khatra?
Nomura ka kehna hai ki agar ye naye rules lagu hue, toh PB Fintech ka business model strain mein aa sakta hai. Brokerage ne FY28 ke liye net profit estimate ko 72% aur FY29 ke liye 51% tak kam kar diya hai. Sabse bada concern ye hai ki company ko apna POSP (Point-of-Sales Person) segment shayad band karna pade.
Share mein volatility
Draft paper aane ke agle hi din, yaani September 24, 2026 ko share mein 36% ki bhayankar girawat dekhi gayi thi. Filhal stock ₹996 se ₹1,012 ki range mein trade kar raha hai aur investor sentiment kaafi weak hai.
Management ka kya kehna hai?
PB Fintech ne exchange ko saaf-saaf bataya hai ki ye sirf ek draft proposal hai, final order nahi. Management regulator ke saath lagatar touch mein hai aur feedback bhej rahi hai. October 25, 2026 tak feedback submit karne ki deadline hai, tab tak market mein uncertainty bani rahegi. Investors ko ab regulator ke final decision ka intezaar hai.