{"id":123291,"date":"2026-03-14T13:37:14","date_gmt":"2026-03-14T16:37:14","guid":{"rendered":"https:\/\/tech.einnews.com\/article\/899439852"},"modified":"2026-03-14T13:37:14","modified_gmt":"2026-03-14T16:37:14","slug":"bluestone-bucks-bloodbath-in-new-age-tech-stocks-this-week","status":"publish","type":"post","link":"https:\/\/new7.shop\/zerocostfreehost\/index.php\/2026\/03\/14\/bluestone-bucks-bloodbath-in-new-age-tech-stocks-this-week\/","title":{"rendered":"BlueStone Bucks Bloodbath In New-Age Tech Stocks This Week"},"content":{"rendered":"
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SUMMARY<\/span> <\/p>\n

Shares of 39 out of the 54 new-age tech companies fell in a range of 0.19% to close to 15%<\/p>\n

Including SEDEMAC’s market capitalisation of $697.7 Mn, the total market cap of 55 new-age tech companies under Inc42’s coverage stood at $116.64 Bn at the end of the week<\/p>\n

Shares of 13 new-age tech companies \u2013 Aequs, WeWork India, MobiKwik, Awfis, Smartworks, Unicommerce, Zappfresh, Wakefit, MapmyIndia, Pine Labs, Meesho, IndiQube \u2013 touched fresh lows this week<\/p>\n<\/p><\/div>\n

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The Indian equities market continued to suffer amid the ongoing conflict in West Asia, resulting in continued selling pressure on new-age tech stocks as well this week. The total market capitalisation of 54 new-age tech companies slumped over $5 Bn to $115.94 Bn at the end of the week. <\/span><\/p>\n

Amid this, deeptech company SEDEMAC made a <\/span>stellar public market debut <\/span><\/a>on Wednesday (February 11), listing at a near 12% premium to the issue price on the BSE. However, the stock fell over 3% during the subsequent trading sessions to end at \u20b91,462.8. Including SEDEMAC\u2019s market capitalisation of $697.7 Mn, the total market cap of 55 new-age tech companies under Inc42\u2019s coverage stood at $116.64 Bn at the end of the week.<\/span><\/p>\n

<\/span><\/p>\n

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Shares of 39 out of the 54 new-age tech companies fell in a range of 0.19% to close to 15%. <\/span><\/p>\n<\/blockquote>\n

Contract manufacturer Aequs\u2019 shares plummeted 14.96% to end the week at \u20b9117.1 and emerge as the biggest loser. Th<\/span>e stock fell to a fresh all-time low of \u20b9113.85 during the intraday trading yesterday. <\/span><\/p>\n

Besides Aequs, shares of 12 other new-age tech companies \u2013 WeWork India, MobiKwik, Awfis, Smartworks, Unicommerce, Zappfresh, Wakefit, MapmyIndia, Pine Labs, Meesho, IndiQube \u2013 touched fresh lows this week. <\/span><\/p>\n

Meanwhile, shares of 15 new-age tech companies gained in a range of 0.09% to nearly 14%. Jewellery brand BlueStone was the biggest gainer, jumping 13.95% to end the week at \u20b9522.45. Shares of Ather Energy, PhysicsWallah, RateGain, Groww, among others, also ended the week in the green. <\/span><\/p>\n

<\/p>\n

With that, here\u2019s a look at some of the key developments at the new-age tech companies this week:<\/span><\/p>\n