Bernstein expresses caution over PB Fintech's plans to venture into healthcare with a $100 Mn investment.
Analysts believe this move would deviate from PB Fintech's asset-light model, potentially impacting its stock performance.
Despite concerns, Bernstein maintains an 'outperform' rating and sees potential for strengthening PB Fintech's position in the Indian health insurance market.
PB Fintech reported a net profit of INR 59.98 Cr in Q1 FY25 due to robust growth.