India, May 25 -- After soaring last week, the Indian equity market saw consolidation this week. As the bulls took rest, shares of the new-age tech companies under Inc42's coverage witnessed a mixed week, with stock-specific action.
While 19 of the 33 new-age tech stocks gained in a range of 0.69% to over 26%, share prices of 14 companies declined in a range of 0.62% to close to 10%.
Shares of Mamaearth parent Honasa Consumer, which reported a second consecutive profitable quarter in the form of Q4 FY25 this week, emerged as the biggest winner. The stock surged 26.2% to end the week at INR 330.20.
Similarly, logistics major Delhivery, which declared its Q4 numbers after market hours on May 16, gained 10.39% to end the week at INR 354.35...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.