Nykaa, Paytm, Zomato: Are these stocks worth your money post Q1 results?

After new-age tech companies reported better-than-expected June quarter (Q1FY23) results, analysts said it will be a long road to recovery for their respective businesses and the stock prices. Moreover, brokerages differ on whether it is the right time to own these stocks.

The common thread, however, that runs across most brokerages is Zomato, where they suggest buying the stock with the one-year target price ranging between Rs 60 – 115, translating into an upside of around 9 – 109 per cent from the current levels.

The company's gross order value (GOV) of food delivery jumped 10 per cent quarter-on-quarter (QoQ)