2 weeks ago
Turtlemint Leads Weekly New-Age Tech Stock Gains, Veefin Biggest Loser
Every week, people watch how the prices of stocks, or tiny pieces of companies, go up and down.
This week, the Indian stock market had a race between many new technology companies.
A company called Turtlemint, which helps people buy insurance online, had the biggest jump in its stock price.
Another company called Veefin, which helps businesses manage their money, had the biggest fall.
Some companies gave their report cards for the first three months of the year, which made investors happy or worried.
A brand-new company called LEAP India started selling its stock for the first time.
Its stock went up at first, but then people sold it and the price fell below the starting price.
Meanwhile, the main Indian stock market went down a little because oil prices were high and there were worries in the world.
In the end, about the same number of stocks went up as went down.
Turtlemint rose 22.64% to ₹137.30, leading weekly gains among new-age tech stocks tracked by Inc42.
Veefin Solutions fell 13.76% to ₹246.90, making it the biggest loser after a sequential decline in quarterly revenue and profit.
Of the tracked new-age tech stocks, 30 ended the week higher, 29 declined, and Meesho closed flat at ₹191.25.
LEAP India listed at a 4.4% premium on the BSE but closed 12.59% below its issue price at ₹145.10 on debut.
Indian benchmark indices ended the week lower, with the Sensex down 0.62% and the Nifty down 0.83%, weighed by geopolitical tensions and elevated crude prices.
- Who
- New-age tech companies tracked by Inc42, including Turtlemint, Veefin Solutions, Meesho, and LEAP India, along with Indian stock market investors.
- What
- A weekly stock performance review in which Turtlemint jumped 22.64% to lead gains, Veefin Solutions fell 13.76% as the biggest loser, and IPO activity continued with LEAP India's debut and Shiprocket's heavily subscribed offering.
- Where
- Indian stock markets, including the BSE and NSE.
- When
- The week of mid-August 2026, as the Q1 FY27 earnings season drew to a close.
- Why
- Company-specific earnings and business updates drove sharp divergence among stocks, while geopolitical tensions, elevated crude oil prices, and mixed global cues weighed on the broader market.
Key facts
- Top Gainer
- Turtlemint, +22.64% to ₹137.30
- Top Loser
- Veefin Solutions, -13.76% to ₹246.90
- Weekly Stock Count
- 30 stocks up, 29 down, Meesho flat at ₹191.25
- LEAP India Debut
- Listed at 4.4% premium, closed 12.59% below issue price at ₹145.10
- Combined Market Capitalisation
- $162.73 Bn across 61 listed new-age tech companies
- Benchmark Indices
- Sensex -0.62% at 78,009.25; Nifty -0.83% at 24,366
- Turtlemint Q1 FY27
- Revenue ₹294.1 Cr (up 40% YoY); net loss ₹37.8 Cr (narrowed 19%)
- Veefin Q1 FY27
- Net profit ₹9.5 Cr (down 40.5% QoQ); revenue ₹114 Cr (down 13.2% QoQ)








