Netweb share price zooms 20% in 3 sessions; buy, sell or hold?

Netweb share price: The shares of India's largest supercomputing systems manufacturer have gained almost 20 per cent in just three trading sessions

Netweb share price: Shares of high computing solutions firm Netweb Technologies India extended the winning streak to the third straight session today with an intraday gain of nearly 10 per cent. The counter opened in the green at ₹3,399 on the National Stock Exchange (NSE) versus the previous close of ₹3,374.40. The stock extended the opening gains and went on to make a high of ₹3,700.  Around 10:40 AM, Netweb Technologies shares traded firmly in the green to quote at ₹3,585 with 4.25 million equities changing hands.  The shares of India's largest supercomputing systems manufacturer have gained almost 20 per cent in just three trading sessions. 

Analysts stay bullish

Commenting on the sharp rally in the stock, Nilesh Jain, head vice president of technical and derivatives research at Centrum Broking, said that Netweb Technologies shares have given a breakout today and are trading well above all the long and short moving averages. Today, the counter has bounced after taking support at 100-day moving average which is around ₹3,370.  "The overall structure looks positive with a support at ₹3,370, which should also be the stop loss from trading perspective. It is a buy on dip candidate. The stock could extend the rally towards ₹4,000. Above this, an upside can be seen up to ₹4,200," the analyst said. 

Hitesh Tailor, technical research analyst at Choice Broking, said that Netweb is showing notable signs of strength after delivering a decisive breakout from a sideways range. The stock has rebounded firmly after taking strong support near its 100-Day EMA, which also coincided with a falling trendline resistance breakout. This confluence of technical factors indicates renewed buying interest and strengthening price structure.

"From a broader perspective, the stock continues to trade in a well-defined uptrend, marked by a consistent higher-high and higher-low formation. The RSI stands at 66.80 on the daily timeframe, indicating bullish momentum following a breakout from a sideways zone. On the downside, strong support is placed around ₹3,150–₹3,200," the analyst said.

Anand James, chief market strategist at Geojit Investments, said that after a quiet first half of the month, the support encouraged buyers to regroup prompting a narrowing range breakout in the stock, followed by two-day of large upmoves. Momentum indicators remain strong, suggesting that pull back attempts are likely to be bought into. "Support is placed near ₹3375, which coincides with the 50 per cent fibonacci retracement of the February low-high move," he said.  CHECK Stock Market LIVE Updates 

Why Netweb shares are rising?

Netweb shares are in uptrend as the company has unveiled the ‘Make in India’ Tyrone Camarero GB200 AI Supercomputer, along with a petascale personal AI system, the Tyrone Camarero Spark. The company has described it as one of its most advanced AI infrastructure offerings.  Tyrone Camarero Spark, which is one of the world’s smallest AI supercomputers, delivers NVIDIA’s AI stack in a compact desktop form factor. 

Q3 performance 

In the third quarter (Q3FY26), Netweb Technologies had posted its highest-ever quarterly profit with about a two and half times jump in profit after tax (PAT) at ₹733.1 crore. The company had also posted its highest-ever quarterly revenue of ₹8,115.6 crore during the quarter, led by demand for artificial intelligence, growth in private cloud and high performance computing solutions.  Netweb Technologies India is a constituent of the BSE 500 index and the company commanded a market valuation of ₹20,527 crore with a free-float of ₹5,899 crore, according to exchange data. Its shares have outperformed the market significantly, yielding a huge return of 69 per cent in just six months compared with 2.1 per cent gains in the BSE Sensex. Its shares have more than doubled investors' money in the last one year by producing a multibagger return of 144 per cent.      ==========================================  Disclaimer: View and outlook shared belong to the respective brokerages/analysts and are not endorsed by Business Standard. Readers' discretion is advised.