India's 63 Moons posts steepest decline in over five years after quarterly loss widens
13/08/2026 06:19
BUZZ-India's 63 Moons posts steepest decline in over five years after quarterly loss widens ** Fintech firm 63 Moons Technologies' shares 63MO.NS fall as much as 10.54%, the steepest intra-day drop in over five years, to 776 rupees apiece
** Stock last down 6.4%
** Decline after 63MO posts a net loss from continuing operations of 475.6 million rupees ($4.99 million), widening from 17.54 million rupees in the year-ago period
** 63MO's unit, Ticker, also raises funds through private placement of 18.5 million shares, the company says in an exchange filing
** 63MO's shares are up 14.4% in 2026 so far, according to exchange data
($1 = 95.3625 Indian rupees)
(Reporting by Bharath Rajeswaran in Bengaluru)
((bharath.rajeswaran@thomsonreuters.com; +91 9769003463;))
Recent news on 63 Moons Technologies
See all newsBrief: 63 Moons Technologies Unit Ticker Allotted Shares Worth 700 Million Rupees To Financial Technologies
India's 63 Moons posts steepest decline in over five years after quarterly loss widens
Brief: 63 Moons Technologies Unit Ticker Raises Funds Through Private Placement Of 18.5 Million Fresh Equity Shares
Brief: 63 Moons Technologies' Unit Buys Shares In Ticker For 214.9 Million Rupees
Brief: 63 Moons Technologies March-Quarter Consol Net Pat 225 Million Rupees