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Can Paytm quarterly numbers revive sentiment in new-age companies?

Despite the criticism faced by the company, the Paytm team needs to be applauded for its efforts to remain focused and believe in its business model.

February 08, 2023 / 10:16 AM IST
Can Paytm quarterly numbers revive sentiment in new-age companies?

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Highlights   Paytm surprises markets with a positive operating profit (before ESOP). Paytm's IPO and subsequent performance are to some extent blamed for the fall in new-age company stocks Better financial performance and earning visibility rewarded by the market Other companies can get a sympathetic look but investments may wait for individual performance     Ever since Paytm was listed on the bourses, it has been in the news for all the wrong reasons. The company was among the new-age companies that came to the market to...

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