TURTLEMINT FINTECH SOLS L (TURTLEMINT)
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Jefferies initiates Turtlemint buy with 37% upside target
Jefferies has initiated coverage on Turtlemint Fintech Solutions with a 'buy' rating and a price target of ₹190, implying a 37% upside from recent levels. The stock jumped over 5% following the call, with analysts highlighting the company's strong point-of-sale partner (POSP) growth outlook as a key driver. The positive sentiment has been reinforced across multiple financial media outlets, with shares continuing to trade higher.
Turtlemint narrows Q1 loss to ₹38 crore on 40% revenue jump
Turtlemint Fintech Solutions reported a consolidated net loss of ₹38 crore for the quarter ended June 30, 2026, narrowing from a loss of ₹47 crore in the year-ago period. Revenue from operations rose 40% year-on-year to ₹294 crore in the first quarter of FY27, compared with ₹210 crore in the same quarter last year. Adjusted EBITDA loss stood at ₹26 crore, compared with an EBITDA loss of ₹42 crore in Q1 FY26.
Turtlemint trails IPO price by 10%, but MOFSL sees a turnaround; here's why
Turtlemint trails IPO price by 10%, but MOFSL sees a turnaround; here's why MOFSL has set a target price of ₹180 on Turtlemint Fintech Solutions, implying an upside of around 41 per cent from the previous close of ₹127.74. Listen to This Article Turtlemint Fintech Solutions shares were in an uptrend on Wednesday after Motilal Oswal Financial Services (MOFSL) initiated coverage on the stock with a ‘Buy’ rating and called it a “turnaround story”.
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