Indian new-age tech firms such as Paytm and Zomato, which saw their stocks plunge by up to 60% in 2022 causing cumulative losses of Rs 2 lakh crore, could become profitable in the near future, leading to potential as multibaggers over the next decade, according to investors. Some of the firms, including Zomato, have already increased profitability as they look to shift from a growth-at-all-costs mentality to a more sustainable long-term approach. However, experts warn that these companies still face challenges, including increased competition and potentially challenging regulations, which could hamper their profitability in the future.
Indian Bank Q1 Result: PAT jumps 24% to Rs 2,973 crore on lower NPA provisions
Indian Bank reported a 24% YoY rise in Q1 net profit to Rs 2,973 crore, aided by sharply lower NPA provisions. Asset quality improved, with
July 24, 2025