Shares of cybersecurity startup TAC Infosec surged nearly 35% this week after it said that it added 250 new customers in the month of July Awfis gained over 25% this week as the coworking startup announced opening two new centres, while Zomato and Paytm ended in the red despite their ticketing deal Ola Electric was the biggest loser among the 10 new-age tech stocks which declined this week, with the EV maker’s shares falling 4.93% New-age tech stocks gained this week on a rally in the broader market due to positive global cues. Eighteen of the 28 new-age companies under Inc42’s coverage rose in a range of 0.
38% to just a little under 35% this week. Cybersecurity startup TAC Infosec, which is listed on NSE Emerge, was the biggest gainer this week. Its shares surged 34.
42% to end the week at an all time high of INR 773.90. Other top gainers of the week included recently listed SaaS startup Unicommerce, coworking startup Awfis, last week’s top loser TBO Tek, and Mamaearth parent Honasa Consumer.
Beauty and fashion ecommerce major Nykaa touched a fresh 52-week high twice during the week. The stock surged more than 9% to hit a fresh 52-week high of INR 229.9 apiece on the BSE during the intraday trading on August 23.
Amid the bull run, its early investor Harindarpal Singh Banga offloaded around 4.1 Cr shares worth INR 851.5 Cr in a bulk deal on Friday.
Overall, shares of Nykaa ended the week 16.99% higher/lower at INR 226.90on the BSE.
Meanwhile, 10 new-age tech stocks fell .