Results · Professional & Local Services
New-age tech stocks mixed; MapmyIndia leads gains
By Startup Enthusiast ·
- Date
- Company
- MapmyIndia
- What it does
- Maps and location technology provider
- Kind
- Results
What they do
MapmyIndia provides digital maps and location-based services for businesses and consumers
What happened
MapmyIndia rose 15.38% to ₹1,083.50, the top gainer among 29 of 57 new-age tech stocks that gained
Why it matters
Ola Electric fell 9.11% to ₹40.42 after three fresh insolvency pleas from vendors over unpaid dues; cumulative market cap of 58 new-age tech companies rose…
The details
- In the week ending July 18, 2026, 29 of 57 new-age tech companies gained between 0.24% and over 15%, while 27 fell between 0.37% and 9.11%.
- MapmyIndia was the biggest gainer, rising 15.38% to ₹1,083.50.
- PhysicsWallah rose 13.5% to ₹147.95.
- Nine stocks touched fresh highs: RateGain, Shadowfax, Lenskart, Honasa Consumer, Delhivery, Kissht, Aequs, Nykaa, Ather Energy, and Amagi.
- Ola Electric was the biggest loser, down 9.11% to ₹40.42, after three fresh insolvency pleas were filed against it by vendors.
- Pine Labs fell 6.86% to ₹145.35.
- FirstCry was the only new-age tech company to touch an all-time low at ₹202.70 on July 9, ending the week 3.26% lower at ₹211.95 on BSE.
- The cumulative market cap of 58 new-age tech companies rose to $143.45 Bn from $139.29 Bn the previous week.
The bigger picture
- Ola Electric faces three fresh insolvency pleas from vendors Sterling E-Mobility Solutions, Anevolve Mando eMobility, and Seoyon E-Hwa Summit Mobility Krishnagiri over alleged unpaid dues.
- Ola Electric said the pleas by Sterling E-Mobility and Anevolve Mando stem from pre-existing disputes under arbitration, and it raised warranty and performance concerns about parts.
- Last year, Rosmerta Group filed an insolvency plea against Ola Electric, which was resolved later.
- Ola Electric shares are trading 11% higher year-to-date as the company seeks to recover market share.
- Swiggy brought its foreign ownership below 50% to 49.76% of paid-up equity, a key prerequisite for Indian Ownership and Control Certificate (IOCC) status under FEMA.
About the business
- MapmyIndia provides digital maps, navigation, and location-based services to businesses and consumers in India.
- PhysicsWallah offers online and offline educational courses, primarily for competitive exam preparation.
- Ola Electric manufactures and sells electric scooters and related products in India.
- Pine Labs provides payment solutions and point-of-sale technology to merchants.
- FirstCry is an online retailer of baby and kids' products.
- Nykaa is an online beauty and personal care retailer.
- Delhivery is a logistics and supply chain company.
- Ather Energy manufactures electric scooters.
More on MapmyIndia
- MapmyIndia Q1 net profit rises 6.3% YoY to ₹50.4 Cr4 August 2026 · Results
- MapmyIndia appoints Rohan Verma as joint MD to lead AI-native deep-tech push1 July 2026 · People
- Amazon Now picks MapmyIndia maps over Google1 June 2026 · Partnership
- MapmyIndia Q4 profit jumps 2.7x sequentially to ₹50.9 Cr19 May 2026 · Results
- MapmyIndia Q3 net profit falls 42% to ₹18.8 Cr13 February 2026 · Results
- MapmyIndia buys stake in indoor navigation firm Iwayplus12 January 2026 · Acquisition · ₹2.00 crore
Same day
- House of Vitti blends traditional jutti artistry with modern durability for women18 July 2026 · Analysis
- Turtlemint posts first quarterly net profit in Q4 FY2618 July 2026 · Results
- Kuku TV launches psychological thriller microdrama ‘Tum Woh Nahi’18 July 2026 · Launch
- LanguifyAI helps learners speak English with AI feedback18 July 2026 · Analysis
- Supreme Court seeks Snapdeal reply in drug sale case18 July 2026 · Policy
- Gyros Organic Farms builds trust with 34,000 customers and 500+ farmers18 July 2026 · Milestone