India, July 24 -- Post the announcement of their financial results for the first quarter of FY27, shares of new-age technology companies Fractal and Meesho slumped over 6% each during the intraday session today.

Shares of AI and advanced analytics company Fractal slumped as much as 7.5% on the BSE to reach a low of Rs.797. At 14:15, the stock pared some of the losses and was trading over 6.87% lower at Rs.802.9. The company's market capitalisation stood at Rs.13,791.6 Cr (about $1.42 Bn).

Meanwhile, ecommerce major Meesho's shares slid as much as 6% to Rs.177.6. At the time of publication, the shares were trading 2% lower Rs.185.2. Its market capitalisation stood at Rs.85,601.5 Cr (about $8.8 Bn).

Both companies announced the financial...