India, Nov. 2 -- It was a mixed week for new-age tech stocks on the bourses, as companies saw stock-specific action amid the ongoing Q2 earnings season. Twenty six out of the 42 new-age tech companies under Inc42's coverage saw their shares fall in a range of 0.17% to over 15% during October 27-31.
The total market cap of these companies stood at $109.15 Bn at the end of the week as against $110.93 Bn a week ago.
ixigo, which reported underwhelming financials during the week, saw its shares crash 15.52% to end the week at INR 270.25. Important to note that Q2 was a weak quarter for the overall travel tech industry, with Nasdaq-listed MakeMyTrip also posting a net loss of $5.7 Mn in the quarter.
Amid this, shares of other travel tech co...
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