Is the worst over for new age tech stocks?

Quick commerce platform Blinkit’s rapid growth has now eclipsed that of it parent Eternal, the food delivery formerly called Zomato. On the other hand, One97 Communication, which operates the fintech brand Paytm, has posted only its second-ever quarterly profit—the first after listing on stock exchanges in 2021—clear signals that these digital-first firms are on the brink of a structural shift.