Shares of Netweb Technologies hit a new high of ₹4,146.55, as they rallied 14 per cent on the BSE in Wednesday's intra-day trade amid heavy volumes.
Netweb Technologies stock hit a new high on Friday as the strong order book position is expected to boost the company's revenue and profits for the current and the coming financial year.
Recent order wins; strong Q1 show has triggered a sharp rally at Netweb Technologies counter. Technical charts hint that the stock can potentially gain another 15% from here.
At 9:50 AM, Netweb Technologies share price was trading 5.20 per cent higher at ₹3,450.55. In comparison, BSE Sensex was trading 0.12 per cent lower at 82,525.51 levels.
The stock price of Netweb has more than doubled or zoomed 116 per cent from its 52-week low level of ₹1,278.85 touched on April 7, 2025.
Netweb Technologies shares gained 12 per cent and registered an intra-day high at ₹2,541 per share on BSE on securing an order worth ₹1,734 crore to build sovereign AI compute infrastructure