Paytm, Zomato Share Price: Finally, Paytm and Zomato have started showing amazing performance in the share market. Please read this news before taking it.
Paytm, Zomato Share Price: Currently, two such shares are making waves in the stock market, which had troubled the investors after the IPO. We are talking about Paytm and Zomato. Both these shares have shown amazing growth in the last 6 months. Let us first talk about Paytm, its share has jumped by 44.13 percent in 6 months, while Zomato has made a growth of 106.67 percent. Seeing this, those who had made holding in the shares are now feeling happy.
Both shares were booming after IPO
After the IPO, all the investors were giving their opinion for these shares. Both the shares were listed at a premium, but in the next few days the shares went below the list price, the same problem persisted for several months. Seeing this, investors started withdrawing money. Meanwhile, the news was also not good for Paytm founder Vijay Sharma, due to which the stock market was bad for the company.
What is the reason for the jump?
Talking about Paytm, the company has increased its net profit. Although the company is not able to make profits right now, many security agencies have increased the ratings for the company. At the same time, Zomato has got a boost due to the demand of online food market. There are reports that if Zomato remains a single company in the coming years, then the share can touch the figure of Rs 200.
What to plan next
Talking about new investors or old investors, experts are currently advising holding. There is also investment advice for new investors. But do not invest money for short term. Set targets only after planning for the long term.
