India, July 17 -- Shares of WeWork India fell as much as 9.6% to hit an intraday low of Rs.657.85 on the BSE today after the coworking company slipped into the red in Q1 FY27, dampening investor sentiment.

The stock pared some of its losses later and was trading 5.4% lower at Rs.688.75 at 12:43 PM IST, taking WeWork India's market capitalisation to Rs.9,545.4 Cr (about $990.6 Mn).

Notably, despite declining more than 6% over the past five trading sessions, the stock remains up nearly 13% year to date.

Yesterday, WeWork India reported a consolidated net loss of Rs.4.1 Cr in Q1 FY27 against a loss of Rs.14.2 Cr a year earlier. The company attributed the loss to its transition to Indian Accounting Standards (Ind-AS), while stating that it...