New age tech stocks ended a holiday-shortened week in split form as Q4 earnings and West Asia tensions drove volatility. While 28 of 56 stocks rose, Unicommerce sank nearly 10% after muted Q4 performance, and Wakefit and Zaggle hit fresh lows. Paytm’s selloff deepened following RBI’s cancellation of Paytm Payments Bank licence, pulling total market cap down.
Unicommerce says ecommerce complexity in India is accelerating fast, with brands moving from 3-4 channels to 8-12 and peak daily orders surging from 12 lakh to 55 lakh. That scale has driven integrations to nearly 350 from 100. The company plans AI-led product upgrades plus acquisitions of profitable or near-profitable businesses, though near-term EBITDA and profit may dip as investments ramp up.
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