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Bernstein Cautions On PB Fintech’s Healthcare Foray, Caps Downside At $100 Mn

  • 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.

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