New-Age Tech Stocks: Meesho, Smartworks Rally; ideaForge, EaseMyTrip Tumble
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It was a mixed week for new-age tech stocks, with 23 of the 57 stocks gaining in a range of 0.01% to about 15% and 34 stocks declining between 0.15% to 11.75%.
After an extended period of bearish sentiment, NSE SME-listed Yudiz jumped 14.46% to end the week at ₹28.10. Meesho and Smartworks followed, gaining 7.37% and 5.65%, respectively.
Shares of Amagi, Aequs, Nykaa, Kissht, Shadowfax and SEDEMAC touched fresh highs during the week, while none of the new-age tech stocks recorded fresh lows.
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After an extended period of bearish sentiment, NSE SME-listed Yudiz jumped 14.46% to end the week at ₹28.10. Meesho and Smartworks followed, gaining 7.37% and 5.65%, respectively.
Shares of Amagi, Aequs, Nykaa, Kissht, Shadowfax and SEDEMAC touched fresh highs during the week, while none of the new-age tech stocks recorded fresh lows.
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