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Quote on Outlook for New Age stocks from Says Dr. V K Vijayakumar, Geojit Financial Services
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Below the quote on Outlook for New Age stocks from Dr. V K Vijayakumar, Chief Investment Strategist at Geojit Financial Services.
New age digital stocks like Paytm, Zomato and Nyka have corrected hugely from their highs. Paytm and Zomato are still loss-making companies; so traditional valuation parameters don’t apply. But considering their enormous growth potential for many years to come, their risk-reward is now favourable for investors willing to take some risk.
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