New-age stocks have plunged over 50% in 2025 as investors reassess valuations and earnings. Companies like Mobikwik, Swiggy, and Ola Electric have fallen significantly, with several trading below IPO prices amid market downturns. Fundamental expert Kranthi Bathini, Director-Equity Strategy at WealthMills Securities said that stock prices are slaves to earnings all these new-age companies are trading at premiums.
IRCTC shares surge 3% after Q4 profit jumps 26% YoY to Rs 358 crore
IRCTC’s shares experienced a 3% surge following the announcement of a 26% YoY increase in consolidated net profit for Q4FY25, reaching Rs 358 crore. Revenue