Turtlemint Jumps 23% To Lead Weekly Gains In New-Age Tech Stocks, Veefin Biggest Loser

by · Inc42

SUMMARY

  • Turtlemint led the rally among new-age tech stocks this week with a 22.64% gain, while Veefin Solutions emerged as the biggest loser, falling 13.76%.
  • Company-specific earnings and business updates drove sharp divergence among new-age tech stocks even as the broader Indian market ended the week lower.
  • Of the new-age tech stocks tracked by Inc42, 30 ended the week higher, 29 declined, and Meesho closed flat, while newly listed LEAP India ended its debut session below its issue price.
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With the Q1 FY27 earnings season drawing to a close, company-specific financial performance and business updates drove movements in new-age tech stocks this week. 

While 30 new-age tech stocks ended the week in the green, gaining up to 23%, 29 declined between 0.5% and 14%. Meesho ended the week flat at ₹191.25. 

Turtlemint emerged as the biggest gainer, with its shares rising 22.64% to close the week at ₹137.30. The rally came ahead of the insurtech company’s financial disclosures for Q1, which were released after market hours yesterday.