India, July 6 -- Shares of new-age tech companies declined this week, even as startups continued to line up to list on the bourses. In line with the broader market, 21 out of the 34 new-age tech stocks under Inc42's coverage fell in a range of a marginal 0.01% to close to 7%.
After rallying significantly last week, shares of FirstCry emerged as the biggest loser, falling 6.75% to end the week at INR 364.65.
Insurtech company Go Digit was the second biggest loser, with its shares crashing 6.29% to end the week at INR 338.20. On Friday (July 4), the company informed the bourses that the Bombay HC has set aside a GST demand notice worth INR 170.3 Cr raised by authorities in Chennai. The HC directed the GST Council to decide the matter afre...
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.