# Turtlemint leads new-age tech stocks with 22.6% weekly gain

2026-08-15T17:43:13+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Turtlemint shares surged 22.64% for the week ending August 17, making it the top gainer among new-age tech stocks tracked by Inc42. The stock closed at Rs 137.30 ahead of its Q1 results, which later showed a narrower net loss of Rs 35.55 crore from Rs 39.65 crore a year ago. Revenue from operations jumped to Rs 20.77 crore from Rs 7.03 crore. The Hindu Businessline reported that the stock rose 9% on Monday after the results, closing at Rs 150.15. Management cited strong platform growth and operating leverage. Meanwhile, Veefin Solutions was the biggest loser, falling 13.76% to Rs 246.90. Of 61 stocks tracked, 30 gained, 29 declined, and Meesho was flat. The combined market cap of the group stood at $162.73 billion. Broader Indian indices fell for the week, with the Sensex down 0.62% and Nifty down 0.83%, pressured by rising crude oil and geopolitical tensions. Investors now await global monetary policy cues and the FOMC meeting minutes.

## Coverage

- inc42.com <https://inc42.com/buzz/turtlemint-jumps-23-to-lead-weekly-gains-in-new-age-tech-stocks-veefin-biggest-loser/>
- thehindubusinessline.com <https://www.thehindubusinessline.com/markets/stock-markets/turtlemint-shares-jump-over-15-after-q1-loss-narrows/article71355351.ece>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-09-27T06:16:45+00:00.

Tags: Nifty, Paytm, Sensex, Turtlemint, Veefin Solutions
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