Meesho Emerges Biggest Winner In A Mixed Week For New-Age Tech Stocks

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SUMMARY

Shares of 26 of the 50 new-age tech companies under Inc42’s coverage declined in a range 0.26% to about 20%, while 22 companies gained between 0.04% to over 35%

Buoyed by positive brokerage notes this week, recently listed companies Meesho (up 35.9%), Lenskart (up 15.12%) and Groww (up 10.92%) topped the list of gainers

The total market cap of 50 new-age tech companies stood at $144.5 Bn

It was yet another mixed week for listed new-age tech companies. In line with…



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Meesho Emerges Biggest Winner In A Mixed Week For New-Age Tech Stocks


SUMMARY

Shares of 26 of the 50 new-age tech companies under Inc42’s coverage declined in a range 0.26% to about 20%, while 22 companies gained between 0.04% to over 35%

Buoyed by positive brokerage notes this week, recently listed companies Meesho (up 35.9%), Lenskart (up 15.12%) and Groww (up 10.92%) topped the list of gainers

The total market cap of 50 new-age tech companies stood at $144.5 Bn

It was yet another mixed week for listed new-age tech companies. In line with…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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