Indian New-Age Tech Stocks Show Mixed Performance As AceVector Declines 18%

17 Oct 2026, 7:22 pm · 3h ago · 1 min read · Inc42

Indian new-age tech stocks saw mixed movements this week, with 31 advancing and 36 declining across 67 monitored companies. Snapdeal parent AceVector led the declines, plunging 18.43% to ₹24.97, while Tracxn fell 8.26%. Meanwhile, ixigo, EaseMyTrip, Swiggy, and Fractal touched fresh 52-week lows. On the winning side, NSE SME-listed Yudiz rallied 17.63%, while Nazara, ideaForge, and FirstCry posted gains. In earnings updates, cloud infrastructure provider E2E Networks swung to a net profit of ₹72.7 crore in Q2 FY27 on revenue of ₹223.8 crore. Separately, NCLT dismissed an insolvency petition against FirstCry subsidiary Globalbees.