Turtlemint

Turtlemint shares soared over 5 per cent on Thursday after global brokerage Jefferies initiated coverage on the stock with a buy rating and a target price of 190, about a 37 per cent uptick from the previous closing level, citing the company's growth oppo

Bajaj Housing Finance should deliver a peer leading 23% AUM CAGR over FY26-29; Turtlemint

Jefferies initiated coverage on Turtlemint Fintech Solutions with a 'Buy' rating and a target price of 190. The target implies a 37 per cent upside from the stock's previous close of 138.92.

Platform premium rose 49.8% year on year to Rs 1,205 crore in Q1FY27 from Rs 804 crore in Q1FY26

Revenue from operations jumped to 20.77 crore in the quarter under review from 7.03 crore in the same quarter last year.

The fintech company's operating performance improved as insurance activity and renewal revenue grew, with its adjusted EBITDA loss narrowing to 26 crore from 42 crore.

Turtlemint Fintech IPO listing is scheduled on 29 June, after a subscription period from 19 to 23 June. The IPO received strong demand, particularly from retail investors. The share price is fixed between 144-152, with a total offering value of up to 660.