Shadowfax Leads New-Age Tech Stocks This Week, Pine Labs Slides On Q1 Earnings
India, Aug. 1 -- With the Q1 FY27 earnings season in full swing, quarterly results remained the biggest driver of investor sentiment for listed Indian new-age tech companies this week.
While logistics company Shadowfax emerged as the top gainer following its strong Q1 performance, fintech major Pine Labs came under pressure after reporting a sequential decline in profit despite healthy revenue growth.
Overall, 38 of the 59 listed new-age tech stocks under Inc42's coverage ended the week higher, posting gains ranging from 0.06% to 13.5%.
Shadowfax led the pack, surging 13.51% to close the week at Rs.243.30 after its earnings announcement during the market hours yesterday. The stock also touched a fresh all-time high of Rs.253.35 during ...
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