New-Age Tech Stocks See A Mixed Week Amid Q4 Season, Unicommerce Worst Hit
by Akshit Pushkarna · Inc42SUMMARY
- Twenty eight out of the 56 new-age tech stocks under Inc42’s coverage gained in a range of 0.16% to over 18% this week, while an equal number of stocks fell in a range of 0.12% to close to 10%
- As a result, the cumulative market cap of the 56 new-age tech stocks declined to $129.67 Bn at the end of the week from $131.25 Bn a week ago
- ideaForge emerged as the biggest gainer this week, with its shares surging 18.4% ahead of its release of Q4 FY26 numbers on April 30
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New-age tech stocks witnessed a mixed response from investors amid the ongoing Q4 earnings season and tensions in West Asia. Twenty eight out of the 56 new-age tech stocks under Inc42’s coverage gained in a range of 0.16% to over 18% this week, while an equal number of stocks fell in a range of 0.12% to close to 10%.
ideaForge emerged as the biggest gainer this week, with its shares surging 18.4% ahead of its release of Q4 FY26 numbers on April 30 (Thursday).
The holiday shortened week saw shares of six companies — Shadowfax, Ather Energy, Aequs, Groww, Aye Finance and Honasa Consumer — rally to fresh highs. The markets were closed yesterday on account of Maharashtra Day.