In this video, Deven Choksey, MD of DR Choksey FinServ Private, shares his expert insights on new-age tech stocks, particularly focusing on Zomato and One97 (Paytm). As investor interest returns to these companies, Deven Choksey evaluates their fundamentals and the opportunities they present. According to him, Zomato has demonstrated strong earnings and raised ₹8,500 crore ahead of Swiggy’s IPO, making it a noteworthy player. On the other hand, Paytm, despite a recent upgrade and positive sentiment, faces concerns about the sustainability of its revenue model and high valuations. While Zomato appears to be the safer option, Deven Choksey remains cautious about Paytm’s long-term potential. Watch this video to hear more on whether Zomato or Paytm could be the better investment opportunity in this evolving space.
Focus Returns To New-Age Tech Stocks: Should You Buy Zomato Or One97?
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