Mumbai, September 22 (Udaipur Kiran News): Shares of Netweb Technologies India Ltd surged on the BSE after the company secured a major purchase order worth ₹450 crore. The stock was quoted at ₹3,502.20, up ₹222.10 or 6.77% from its previous close of ₹3,280.10.
The scrip opened at ₹3,340.00 and touched an intraday high of ₹3,544.80 — a new 52-week high — and a low of ₹3,338.00. A total of 5,51,710 shares were traded during the session. On a weekly basis, the stock has moved between ₹3,544.80 and ₹2,820.80. Netweb’s market capitalisation now stands at ₹19,740.47 crore.
The company announced that it has received the order from one of the largest Indian-headquartered global providers of technology distribution and integrated supply chain solutions. The contract is for the supply of Tyrone AI GPU Accelerated Systems, to be used in building an AI Infrastructure facility. Execution of the order is scheduled to be completed by the end of FY 2025-26.
Netweb Technologies is among India’s leading high-end computing solutions (HCS) providers, one of the few domestic original equipment manufacturers (OEMs) in this space, and a recipient of the Government of India’s production-linked incentive (PLI) scheme.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
