InvestorQ : Would suggest buying into Paytm at the current stock price?
Mahima Roy made post

Would suggest buying into Paytm at the current stock price?

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1 week ago
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If you are looking at short term returns, you may be disappointed. However, if you are looking at long term returns over 6-8 years, this can still surprise on the upside. Remember, Paytm offers a wallet, payments, mall, financial solutions, gold and a lot more. More than anything, its data franchise is formidable with a massive database of 33 crore active customers and more than 2.2 crore merchants on its platforms. That is huge value.

All bad listings are not bad stock ideas. In the past, a number of IPOs like I-Sec, Macrotech and even Infosys in 1993 had a tepid and lacklustre listing. But, over time, they created phenomenal value for shareholders. Early profits in the digital space is a myth and the nature of Paytm business is that it has to invest for a long time in ecosystem. Investors must grasp the true meaning of digital IPO investing and prepare themselves for the risk!

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