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Analysts cautiously positive on new age stocks despite improved Q4 metrics

Nykaa, Paytm and others need to do more despite a rise in Q4 metrics, say experts

Following the sharp run-up, returns are expected to plateau.
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Analysts attribute the recent recovery to improving cash flows and margins over the last two quarters, and easing valuations

Harshita Singh New Delhi

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Despite a firm improvement in the operational metrics of new-age companies during the January-March quarter (Q4FY23), analysts remain cautiously optimistic about their outlook.  

This is because the shares of these

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First Published: May 31 2023 | 9:53 AM IST

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