Groww, ArisInfra Shine Amid Bearish Week For New-Age Tech Stocks

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It was a bearish week for listed new-age tech companies amid the ongoing earnings season. During January 12-16, 33 of the 50 new-age tech stocks under Inc42’s coverage declined in a range of 0.59% to about 10%. 

Eight companies – Pine Labs, EaseMyTrip, Tracxn, FirstCry, Zappfresh, Awfis, BlueStone and MapmyIndia – touched fresh lows during the week. 

BSE SME-listed EV company Zelio E-Mobility was the biggest loser, with its shares declining 9.62% to end the week at INR 337.2….



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Groww, ArisInfra Shine Amid Bearish Week For New-Age Tech Stocks


It was a bearish week for listed new-age tech companies amid the ongoing earnings season. During January 12-16, 33 of the 50 new-age tech stocks under Inc42’s coverage declined in a range of 0.59% to about 10%. 

Eight companies – Pine Labs, EaseMyTrip, Tracxn, FirstCry, Zappfresh, Awfis, BlueStone and MapmyIndia – touched fresh lows during the week. 

BSE SME-listed EV company Zelio E-Mobility was the biggest loser, with its shares declining 9.62% to end the week at INR 337.2….



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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