Turtlemint Jumps 23% To Lead Weekly Gains In New-Age Tech Stocks, Veefin Biggest Loser
With the Q1 FY27 earnings season drawing to a close, company-specific financial performance and business updates drove movements in new-age…
This week, new-age tech stocks witnessed a mixed performance in the market. Turtlemint emerged as the biggest gainer, with shares surging 23% to close at ₹137.30. Meantime, Veefin Solutions experienced significant losses, plunging 13.76% to finish the week at ₹246.90. Other notable performances included E2E Networks, SEDEMAC, Paytm, Lenskart, Honasa Consumer, BlueStone, and Ather Energy, which observed fresh highs following the release of their Q1 numbers.
On the downside, companies like BSE SME-listed Veefin Solutions, ideaForge, WeWork India, MapmyIndia, and Fino Payments Bank saw their shares under pressure due to weaker-than-expected quarterly results. LEAP India made its debut on the BSE, listing at a premium, but later fell 12.59% below its issue price. The combined market capitalisation of the 61 listed new-age tech companies tracked by Inc42 reached $162.73 Bn at the end of the week, up from $151.98 Bn last week.
Written by urgent.news from Inc42's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
