Paytm stock: Risky doubler or potential 30% decline?

Dipan Mehta points out that Paytm's earnings have been impacted by RBI regulations. One should be cautious about investing in this stock due to uncertainty. While QSR companies' valuations are high, earnings have disappointed. Devyani and Jubilant FoodWorks underperformed. Varun Beverages worked well. There are regular soft patches in QSR companies. We remain cautious on the QSR space.

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