New patterns coming up in India and we have to predict those to make money: Pashupati Advani
Pashupati Advani, Founder & Chairman, Global Foray, says “I unfortunately bailed out of Paytm a little early, so I am kind of watching it go up and missing it. Zomato is okay and with the World Cup, definitely the numbers have been good and the stickiness is also going to be there. So it is the way India is moving and it is new patterns that are coming up and we actually have to predict those to make money.”
How is your portfolio shaping up? What have you been busy analysing and adding in your portfolios?
I am a little bit reluctant to add aggressively simply because we are not at highs. But there is a lot of turmoil. I find it very difficult to believe that even though people are slaughtering each other in Israel and Gaza and in Ukraine and Russia, markets continue to trade up sort of quite interestingly. But there obviously seems to be money around. But I am a little surprised at where things are going. I have actually not been so aggressive.
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Offering CollegeCourseWebsiteIIM LucknowIIML Chief Executive Officer ProgrammeVisitIIM KozhikodeIIMK Chief Product Officer ProgrammeVisitIndian School of BusinessISB Chief Digital OfficerVisitA while ago, we talked about the new wave stocks that had come. You know, they had these four new issues that had come. One was Paytm, one was Zomato, one was Nykaa and one was that insurance company, Policy Bazaar. So actually, my sort of list of orders was Paytm, Zomato, Nykaa and Policy Bazaar and I think that list would have been good.
I unfortunately bailed out of Paytm a little early, so I am kind of watching it go up and missing it. Zomato is okay and with the World Cup, definitely the numbers have been good and the stickiness
