PB Fintech Could Rally 91%? Bernstein Outlook After IRDAI Commission Shock

Insurance stocks remain in focus after sharp selling triggered by IRDAI’s consultation paper on commission structures. PB Fintech, Turtlemint and Max Financials have faced significant volatility, with investors assessing the potential impact on earnings and business models. Avinash Gorakshakar, Founder, Avinash Mentor Research, says insurance companies could see pressure in Q3 as reduced commissions begin impacting revenues, and suggests investors wait for Q2 results and management commentary before taking fresh positions. The discussion also looks at PB Fintech’s sharp fall, a Bernstein report projecting significant upside, and what investors should watch across the insurance sector.