Netweb Tech in limelight

Shares of Netweb Technologies India surged over 8% on the BSE on Monday, emerging among the top gainers, with the stock trading around Rs 3,277 after touching an intraday high of about Rs 3,434. The counter opened near Rs 3,026 and saw strong buying interest through the session, supported by higher volumes. While the stock remains below its 52-week high of Rs 4,480, it is well above the 52-week low of Rs 1,279, indicating renewed accumulation after a phase of consolidation.

The rally reflects improving sentiment around Netweb’s exposure to India’s expanding AI, high-performance computing (HPC) and data-centre ecosystem, rather than any single stock-specific trigger. The company has secured large government and enterprise contracts, including a Rs 1,734 crore AI infrastructure order under the IndiaAI Mission, positioning it as a key supplier of sovereign AI and supercomputing systems. Its strategic partnership with NVIDIA for AI server manufacturing and rising demand for GPU-accelerated and private cloud solutions have further strengthened its growth visibility amid India’s push for digital infrastructure and data localisation.

Operational momentum remains strong, with Netweb reporting sharp growth in revenues and profitability, supported by a robust order pipeline and rising institutional interest. However, analysts note that valuations are elevated, with the stock trading at rich multiples relative to traditional IT hardware peers, making execution consistency and timely order conversions critical. While the long-term AI and data-centre opportunity remains intact, near-term stock performance is likely to remain sensitive to order flow visibility, margin delivery and broader market risk appetite.