You are here: Home » Markets » News
ITC, Sun Pharma: 5 defensive stocks that may gain up to 25%. You own any?
Business Standard
Web Exclusive

Is the time ripe for consolidation among new-age technology companies?

A rise in cost of capital has already weighed on the related stocks all across the globe over the past few months

Topics
Zomato | Nazara Technologies | Policybazaar

Puneet Wadhwa  |  New Delhi 



merger
Back home, the stocks of recently listed new-age companies – Zomato, PayTM, Nazara Technologies, Indiamart, Policybazaar etc. – have also suffered in this global rout.

Tightening liquidity conditions and a shift in focus from growth to cash-flow is likely to drive consolidation among the new-age information technology (IT) companies going ahead, believe analysts. With tightening liquidity, start-ups, they said, have been shifting focus from growth at any cost to cash conservation as survival becomes key.

ALSO READ: Zomato's Blinkit acquisition may delay its road to profitability: Analysts

TO READ THE FULL STORY, SUBSCRIBE NOW NOW AT JUST RS 249 A MONTH.

SUBSCRIBE TO INSIGHTS

What you get on Business Standard Premium?

  • icon Unlock 30+ premium stories daily hand-picked by our editors, across devices on browser and app.
  • icon Full access to our intuitive epaper - clip, save, share articles from any device; newspaper archives from 2006.
  • icon Curated newsletters on markets, personal finance, policy & politics, start-ups, technology, and more.
  • icon Pick your 5 favourite companies, get a daily email with all news updates on them.
  • icon 26 years of website archives.
  • icon Preferential invites to Business Standard events.

OR


Subscribe to Business Standard Premium

Exclusive Stories, Curated Newsletters, 26 years of Archives, E-paper, and more!

Insightful news, sharp views, newsletters, e-paper, and more! Unlock incisive commentary only on Business Standard.

Download the Business Standard App for latest Business News and Market News .

First Published: Thu, June 30 2022. 12:19 IST

RECOMMENDED FOR YOU

.