New-age stocks have exhibited recovery, but better wait and watch: Sudip Bandyopadhyay

"While Paytm has improved at an EBITDA level, EBITDA positive, I think it is a long journey. The business model is still settling. I cannot say it has already settled. I think Eicher should come up with a good set of numbers. We have seen the numbers and we have seen the performance of Eicher over the last few quarters and things are definitely improving"

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