Turtlemint Fintech

** Shares of India's Turtlemint Fintech Solutions TURE.NS fall 16.2% to 91.39 rupees, their lowest level since listing on June 29, 2026

** Insurance distribution platform's stock extends losses for a second session after India's insurance regulator proposed reintroducing commission caps across life, health and motor insurance in a consultation paper released on Wednesday

** Proposed caps could reduce Turtlemint's commission income and squeeze margins by limiting payouts earned on policies sold through its platform

** Co's shares fell the exchange-mandated maximum of 20% on Thursday

** More than 11.5 million shares change hands, about 5.5x the 30-day avg volume - LSEG compiled data

** Stock down 32.5% since listing on June 29, 2026

(Reporting by Payel Das in Bengaluru)

(([email protected]))

** Shares of insurance distribution platform Turtlemint Fintech Solutions TURE.NS down 20% at 109.04 rupees, their biggest intraday pct drop since company listed on June 29

** Stock also at its lowest level since debut

** India's insurance regulator, in a consultation paper released on September 23, proposed reintroducing commission caps across life, health, and motor insurance

** Reforms could disrupt existing distribution models, weighing on growth in an industry that relies on agent bancassurance channels for business, say analysts

** Shares of the company down ~72% since listing

(Reporting by Saikeerthi in Bengaluru)

(([email protected]; (+91) 8296756080))

** India's Turtlemint Fintech Solutions TURE.NS rises 4.9% to 134 rupees

** Motilal Oswal initiates coverage with a "buy" rating and a price target of 180 rupees

** Brokerage says the insurtech firm is well placed to benefit from an under-penetrated market through its network of 550,000-plus certified insurance distributors

** Jefferies is the only other brokerage covering TURE, with a "buy" rating and a 190-rupee PT

** Motilal expects TRUE premiums to grow at a 38% CAGR over FY26-29 on rising distributor count and ticket sizes

** Says operating leverage nearing an inflection, forecasting EBITDA breakeven by FY27 and margin expansion to about 11% by FY29

** Stock down 1.1% since trading debut on June 29

(Reporting by Kashish Tandon in Bengaluru)

(([email protected]))

** Shares of India's Turtlemint Fintech Solutions TURE.NS rise 2.98% to 142.91 rupees

** Jefferies initiates coverage with "buy" and TP of 190 rupees - a 30.5% upside to the current price - citing co's exposure to India's underpenetrated insurance market and the fast-growing point-of-sales-person (POSP) distribution channel

** Brokerage expects revenue to grow at 38% CAGR over FY26-FY29, driven by 31% premium growth

** Says Turtlemint, India's third-largest POSP player with a 20% market share, benefits from a granular distributor network and strong presence in smaller cities

** Sees co's adjusted EBITDA margin improving to 10% by FY29 from loss in FY26

** Stock up 6% from debut IPO price on June 29

(Reporting by Surbhi Misra in Bengaluru)

(([email protected] | X: https://twitter.com/SurbhiMisra_ |;))

** Shares of India's Turtlemint Fintech TURE.NS rise as much as 14.7% to hit record high of 157.68 rupees; stock last up 9.5%

** Fintech co reports narrower June-quarter consolidated loss of 377.8 million rupees, from 466.9 million rupees a year earlier

** Consolidated revenue from operations rises 40% Y/Y through June

** More than 6.5 million shares change hands, about 5.6x the 30-day average volume - LSEG compiled data

** Stock up 16.5% since listing on June 29, 2026

(Reporting by Payel Das in Bengaluru)

(([email protected]))

Aug 14 (Reuters) - Turtlemint Fintech Solutions Ltd TURE.NS:

• JUNE-QUARTER CONSOL LOSS 377.8 MILLION RUPEES

• JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 2.94 BILLION RUPEES

Source text:

Further company coverage: TURE.NS

(([email protected];))

** Turtlemint Fintech Solutions TURE.NS jumps 13.4% to 154.3 rupees

** Stock tops IPO price of 152 rupees for the first time; listed on June 29

** Fintech co turns profitable on adjusted operating profit basis for the first time in March quarter

** Reports 31 million rupees net profit for January-March quarter vs 394-million-rupee loss in a year-ago period

** Revenue up 42% year-on-year in Q4 of fiscal year 2026

** More than 8 million shares change hands, ~8.5x of last 5-day average trading volume

(Reporting by Vivek Kumar M)

(([email protected];))