Paytm hits Upper Circuit π
Vss is pumped up, will this be another #maggi moment? ( Nestle regained the trust and market share through sensible marketing)
This is not a subject of marketing. Tell me what's the next biggest business model/revenue stream for them which would promise any growth for the company?
Its a dead share for now. All jumps are temporary and opportunity to sell if you are stuck.
Buy only when long term business model and plan to achieve that is clear, whatever is the cost then.
Till then risk reward ratio donβt favour!
In my opinion- NOT
Maggi/Nestle was a market leader, the original product was with the company and stayed with the company. Here, Payment Bank would be non-operational. PayTM was trailing in UPI business and these hiccups will further erode the customer confidence.
200 to mushkil lagta hai yaha se