InvestorQ : Is Paytm a good buy at this price? It is at an all time low price of Rs.751?
Aditi Sharma made post

Is Paytm a good buy at this price? It is at an all time low price of Rs.751?

Answer
image
Mahima Roy answered.
2 months ago
Follow

Paytm, promoted by One 97 Communications, hit a new low of Rs.751 on 07th March. Its market cap has fallen from Rs.1.50 trillion to below Rs.50,000. My suggestion is to be a tad cautious because there is a rapid trend shift from e-commerce to Q-commerce and that is hitting most of the traditional digital plays. Aggressive pricing, sustained losses and high cash burn are also key factors. Today, investors have a much wider choice.

9 Views