🚀 Medial Secures Investment on Shark Tank India - Fueling the Future of Professional Social Networking. 🔥

Startup Showcase

Premium Content

Try our Valuation Calculator →

News on Medial

Mixed Week For New-Age Tech Stocks; PB Fintech Top Gainer

Inc42 · 1y ago

Mixed Week For New-Age Tech Stocks; PB Fintech Top Gainer

This week, the Indian stock market showed signs of recovery with benchmark indices Sensex and Nifty50 gaining 1.85% and 2.03% respectively. Among the new-age tech stocks, PB Fintech emerged as the top gainer with a 13.3% increase in shares, while Mamaearth recorded the biggest loss with a 5.2% drop. Zomato and Delhivery reported their Q4 performance, with Zomato's shares falling by 3.4% and Delhivery slipping into a loss of INR 69 crore. Additionally, travel portal TBO Tek made a strong debut in the market. Two more startups are expected to be listed this month, including Go Digit General Insurance and Awfis.

Related News

New-Age Tech Stocks’ Winning Streak Ends; Yudiz Biggest Loser This Week

Inc42 · 1y ago

New-Age Tech Stocks’ Winning Streak Ends; Yudiz Biggest Loser This Week

Indian new-age tech stocks experienced a mixed performance this week, with some stocks declining while others registered gains. Among the losers were Yudiz, PB Fintech, Nazara Technologies, Delhivery, Paytm, and RateGain. On the other hand, DroneAcharya emerged as the biggest gainer, followed by Nykaa, Zomato, ideaForge, and EaseMyTrip. The broader market saw a positive trend, with benchmark index Nifty 50 gaining 1.88% and Sensex rallying 1.86%. Paytm shares fell 2.3%, while Zomato continued its rally, touching another 52-week high. DroneAcharya gained 14.5% after launching the BHUJANG drone.

Broader Market Bull Run Lifts Up New-Age Tech Stocks This Week, RateGain Nears $1 Bn M-Cap

Inc42 · 1y ago

Broader Market Bull Run Lifts Up New-Age Tech Stocks This Week, RateGain Nears $1 Bn M-Cap

The broader market bull run has positively impacted new-age tech stocks this week, with 13 out of 19 stocks under Inc42's coverage showing gains ranging from 1% to 15%. Tracxn Technologies emerged as the top gainer with a 14.8% increase in shares. On the flip side, Paytm continued to decline, falling by over 7% this week. Delhivery also saw a decline of over 7%. Benchmark indices Sensex and Nifty50 both experienced gains of 2.4% and 2.3% respectively. SoftBank also offloaded a significant portion of its stake in PB Fintech, and shares of Paytm and Delhivery reached their lowest levels in months.

New-Age Tech Stocks Regain Momentum; Zaggle Emerges As The Biggest Gainer This Week

Inc42 · 1y ago

New-Age Tech Stocks Regain Momentum; Zaggle Emerges As The Biggest Gainer This Week

Indian new-age tech stocks saw positive momentum this week, with 11 out of 19 stocks under Inc42's coverage gaining between 0.5% and over 24%. Zaggle emerged as the top gainer, while Mamaearth was the biggest loser. The broader market also rallied, with Sensex gaining 0.91% and Nifty50 gaining 0.7%. Paytm's stock continued to see volatility, while Zaggle's shares surged over 24% due to multiple partnership announcements. PB Fintech also rallied after receiving approval from the Insurance Regulatory and Development Authority of India to enter the reinsurance business.

TBO Tek Emerges The Top Gainer In A Mixed Week For New-Age Tech Stocks

Inc42 · 1y ago

TBO Tek Emerges The Top Gainer In A Mixed Week For New-Age Tech Stocks

Indian new-age tech stocks had a mixed week, with some facing downward pressure due to block deals. However, the broader market continued to rally. TBO Tek emerged as the top gainer after Goldman Sachs initiated coverage with a 'buy' rating. Analysts expect the positive momentum to continue, driven by fundamentally strong large caps. The market is in the overbought zone, though, and corrections are possible. Overall, 10 out of the 24 new-age tech stocks under coverage saw gains ranging from 0.03% to nearly 20% on the BSE.

New-Age Tech Stocks Witness A Volatile Week; TAC Infosec Top Gainer

Inc42 · 1y ago

New-Age Tech Stocks Witness A Volatile Week; TAC Infosec Top Gainer

Indian new-age tech stocks witnessed mixed performance this week as the broader market remained volatile amid global political tension and foreign institutional investors continued to sell domestic shares. Eight out of the 20 new-age tech stocks covered by Inc42 increased in value, with TAC Infosec being the biggest gainer for the third consecutive week, while DroneAcharya was the biggest loser. The Sensex and Nifty50 indices gained 0.2% and 0.25% respectively. Market experts expect the market to consolidate in a broader range with geopolitical headlines likely to influence trading.

Paytm Emerges As The Biggest Gainer In Another Mixed Week For New-Age Tech Stocks

Inc42 · 1y ago

Paytm Emerges As The Biggest Gainer In Another Mixed Week For New-Age Tech Stocks

The Indian new-age tech stocks experienced mixed performance this week. Paytm emerged as the top gainer, with its shares surging 19.4% after a series of losses due to regulatory actions. On the other hand, RateGain recorded the biggest decline, with shares falling 7.7%. Overall, the combined market capitalization of these stocks reached almost $45 billion by the end of the week. The broader market showed a positive trend, with Sensex rallying 0.99% and Nifty50 jumping 0.8%. However, concerns remain over rising crude oil prices, surging US bond yields, and stretched valuations.

New-Age Tech Stocks Rally; TAC Infosec Emerges As The Top Gainer For Second Straight Week

Inc42 · 1y ago

New-Age Tech Stocks Rally; TAC Infosec Emerges As The Top Gainer For Second Straight Week

Indian new-age tech stocks experienced a surge this week, driven by a rally in the broader market. TAC Infosec emerged as the biggest gainer, with its stock jumping 55%. Other top gainers included Zaggle, Mamaearth, RateGain, and EaseMyTrip. Some stocks, such as DroneAcharya and Zomato, saw marginal declines. The Sensex and Nifty50 indices gained 0.88% and 1.23% respectively, but ended the week with a slight correction. The fluctuating market was influenced by global factors and ongoing Middle East tensions. The total market capitalization of new-age tech stocks increased to $49.17 billion from $47.67 billion in the previous week.

New-Age Tech Stocks Continue Their Bull Run; MapmyIndia Biggest Gainer This Week

Inc42 · 1y ago

New-Age Tech Stocks Continue Their Bull Run; MapmyIndia Biggest Gainer This Week

Fifteen out of the 23 new-age tech stocks covered by Inc42 saw gains this week, with MapmyIndia being the top gainer. DroneAcharya Aerial Innovations was the biggest loser. In other news, online travel aggregator ixigo went public and experienced a 25% increase in its stock in four sessions.

Most New-Age Tech Stocks End In Red This Week; Paytm Emerges Biggest Gainer

Inc42 · 10m ago

Most New-Age Tech Stocks End In Red This Week; Paytm Emerges Biggest Gainer

Seventeen out of the 28 stocks covered by Inc42 saw a decline in their value this week. The biggest loser was Awfis, with its shares dropping by 16.38% to reach INR 749.05. On the other hand, Paytm emerged as the top gainer, while companies like Go Digit, TBO Tek, PB Fintech, and Honasa were among the winners of the week.

Another Mixed Week For New-Age Tech Stocks — Paytm Spirals Downward, RateGain Top Gainer

Inc42 · 1y ago

Another Mixed Week For New-Age Tech Stocks — Paytm Spirals Downward, RateGain Top Gainer

It was a mixed week for new-age tech stocks in India, with 11 out of 19 stocks declining. Paytm once again was the biggest loser, with its market cap down 56% in a month. On a positive note, RateGain emerged as the biggest gainer, rallying sharply after announcing a partnership with HotelKey. Overall, the Indian market showed signs of recovery, with the Sensex and Nifty50 both approaching their all-time highs. Experts anticipate a pre-election rally in the market.

Trackers

Active Indian VC’s

OG Capital Email

With a hands-on approach, OG Capital aims to invest in over 20 promising...

Accel Partners Email

Early and growth-stage investments in disruptive technology companies with...

Early-stage venture capital firm investing in technology startups in India. Focus on...

Access All Trackers

Startup Showcase Winners

June 2025

Helping your parents when you are miles away

The Pit Stop Your Cravings Deserve

The next generation E-commerce platform

Enter Ongoing Startup Showcase

Top Users

Trending News on Medial

Meta acquires voice startup Play ...

Perplexity’s CEO on why the brows ...

Lovable becomes a unicorn with $2 ...

Download the medial app to read full posts, comements and news.