Hi guys,
Seems like the New-age companies have shown great Q2 results, like
[1] Zomato: Profit up 5x to ₹176 Cr; Revenue +69% YoY.
[2] PB Fintech (Policybazaar): ₹51 Cr profit vs ₹21 Cr loss last year; Revenue +44%.
[3] Nykaa: Profit +72%, Revenue +24%, but missed expectations.
But many analysts believe:
* Most growth is already priced in.
* Wait 2-3 quarters to see if performance sustains.
* Use sharp dips to spot them at lower valuations.
Patience is the key in uncertain markets! 😊
———————————————
Join Learning Community : https://wa.me/919739385706
Seems like the New-age companies have shown great Q2 results, like
[1] Zomato: Profit up 5x to ₹176 Cr; Revenue +69% YoY.
[2] PB Fintech (Policybazaar): ₹51 Cr profit vs ₹21 Cr loss last year; Revenue +44%.
[3] Nykaa: Profit +72%, Revenue +24%, but missed expectations.
But many analysts believe:
* Most growth is already priced in.
* Wait 2-3 quarters to see if performance sustains.
* Use sharp dips to spot them at lower valuations.
Patience is the key in uncertain markets! 😊
———————————————
Join Learning Community : https://wa.me/919739385706