Honasa Gains Big Amid A Mixed Week For New-Age Tech Stocks

After soaring last week, the Indian equity market saw consolidation this week. As the bulls took rest, shares of the new-age tech companies under Inc42’s coverage witnessed a mixed week, with stock-specific action. 

While 19 of the 33 new-age tech stocks gained in a range of 0.69% to over 26%, share prices of 14 companies declined in a range of 0.62% to close to 10%. 

Shares of Mamaearth parent Honasa Consumer, which reported a second consecutive profitable quarter in the form of Q4 FY25…