New-Age Tech Stocks Bleed This Week, Ola Electric & DroneAcharya Top Losers

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SUMMARY

Thirty five out of the 47 new-age tech companies under Inc42’s coverage fell in a range of 0.22% to close to 30%

M-cap of the 47 new-age tech companies stood at $128.67 Bn at the end of the week as against $131.27 Bn a week ago

Shares of nine companies – DroneAcharya, Ola Electric, Tracxn, Awfis, ArisInfra, FirstCry, Urban Company, WeWork India and EaseMyTrip – hit fresh lows this week

With consistent FII outflows and a declining rupee, the Indian equities market…



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New-Age Tech Stocks Bleed This Week, Ola Electric & DroneAcharya Top Losers


SUMMARY

Thirty five out of the 47 new-age tech companies under Inc42’s coverage fell in a range of 0.22% to close to 30%

M-cap of the 47 new-age tech companies stood at $128.67 Bn at the end of the week as against $131.27 Bn a week ago

Shares of nine companies – DroneAcharya, Ola Electric, Tracxn, Awfis, ArisInfra, FirstCry, Urban Company, WeWork India and EaseMyTrip – hit fresh lows this week

With consistent FII outflows and a declining rupee, the Indian equities market…



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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