Investors need to be cautious about new age Internet businesses: Gautam Duggad, Motilal Oswal Securities

"Most of these new-age tech driven companies do not have positive free cash flows today. The value ascribed to these stocks is coming from cash flows likely to happen 5-7 years down the line," said Gautam Duggad.

from Personal Finance News-Wealth-Economic Times https://ift.tt/YXgJ2xh