WeWork India Sinks 10% As Q1 Net Loss Weighs On Investor Sentiment
AI Summary
Shares of WeWork India fell as much as 9.6% to hit an intraday low of ₹657.85 on the BSE today after the coworking company slipped into the red in Q1 FY27, dampening investor sentiment. The stock pared some of its losses later and was trading 5.4% lower at ₹688.75 at 12:43 PM IST, taking WeWork India’s market capitalisation to ₹9,545.4 Cr (about $990.6 Mn). Notably, despite declining more than 6% over the past five trading sessions, the stock remains up nearly 13% year to date.
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