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Reputation: 642,681  •  May 26, 2023 4:06 PM
Dipan Mehta on why Page Industries is falling & what could be the multibaggers in next 7-8 years
Dipan Mehta on why Page Industries is falling & what could be the multibaggers in next 7-8 years
Elixir Equities Director, Dipan Mehta, argues that new age companies such as Zomato, Policy Bazaar, Nykaa, and Paytm are stocks of the decade of the 2030s and could be huge multibaggers over the next 5-10 years. However, these companies are still in their investment phase, which reflects in their P&L, although they are making strong efforts to get into EBITDA positive. Regarding concerns about Page's decline, Mehta suggests that a demand slump due to higher inflation and uncertainty around weather patterns may have impacted Page industries.
The Economic Times

https://economictimes.indiatimes.com/markets/expert-view/...
#BAJAJAUTO #BRITANNIA #EICHERMOT #HEROMOTOCO #ITC

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