Zomato, Paytm, And Nykaa: Here's How The Stocks Could Fare

What is the right course of action in these stocks?

If I ask you to name three stocks that come to mind when I say ‘new-age tech stocks', chances are good that we would be talking about the three stocks mentioned in the title.

In fact, these stocks have become synonymous with fast growth and IPOs at sky high valuations.

Investors didn't really care about profits of these firms. As long as the story was hot, they were confident of making profits on their investments. Besides, one of these firms, Nykaa, was already profitable at the time of its IPO.

All three firms had great long-term growth stories…and investors loved them. All three had solid listings when they hit the primary market with their IPOs.