Speculative bets or prudent investing: Why are the initial reviews on Paytm IPO negative?

New Delhi: While there is excitement over the Rs 18,300-crore Initial Public Offer (IPO) of Paytm’s parent company One 97 Communications, initial reviews are mostly negative, saying the issue is “speculative more than a prudent investment bet”. “As is. Two out of three analyst reviews received so far suggest that it is better to refrain … Read more