New-Age Tech Stocks See Mixed Week; Kissht, Honasa Among Top Gainers
Summary
New-age tech stocks showed mixed performance this week, with 31 of 57 tracked names gaining and 26 falling amid Q4 earnings and geopolitical tensions. Recently listed Kissht led gains while Honasa, Shadowfax and SEDEMAC also hit fresh highs; Swiggy, Pine Labs and MapmyIndia were among the notable decliners. Investors reacted to a string of company developments including board-approved investments, resignations, promoter share sales, regulatory FIRs, and subsidiary mergers. Market-wide trends were cautious but resilient, supported by domestic institutional buying even as macro indicators and global cues remained mixed.
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$250M to $500M
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$50M to $100M