Netweb Technologies India Ltd News

BSE Smallcap index tanks over 17% in 2 months; 131 stocks at 52-week low

Analysts expect this painful phase for the small-cap stocks to continue for some more time, at least till the corporate earnings start to show signs of improvement.

Netweb rises 10% on DeepSeek's impact assessment; had fallen 48% in 3 weeks

The company called the emergence of DeepSeek -- a new artificial intelligence (AI) large language model (LLM) platform, a significant opportunity for its business growth

Smallcap extends fall, down 4%; Anant Raj, Netweb, Newgen tank up to 20%

The BSE Smallcap index has tanked 16 per cent, compared to the 12 per cent decline in the BSE Midcap and the 3 per cent fall in the BSE Sensex, thus far in January

Smallcap index slips 4%, hits 7-month low; Netweb, Newgen, Solara tank 10%

The BSE Smallcap index plunged 13 per cent, as against the 10 per cent decline in the BSE Midcap index, and the 3.3 per cent fall in the BSE Sensex, so far in the month of January 2025

Netweb Technologies Q3FY25 results: Net profit rises 16% to Rs 30.3 crore

Domestic IT server maker Netweb Technologies posted a 16.56 per cent growth in profit to Rs 30.32 crore in the third quarter ended December 31, 2024, driven by demand for artificial intelligence-related projects, the company said in a regulatory filing on Saturday. Netweb Technologies had posted a profit of Rs 26 crore in the same period a year ago. The revenue from operations of Netweb increased by about 32 per cent to Rs 334 crore during the reported quarter from Rs 253.4 crore in the December quarter of the last fiscal. "We are delighted to report that we recorded our highest quarterly Income and PAT. In line with our growth strategy, export revenue contribution stood at 9.0% in Q3 FY25, reflecting our efforts to expand the international market presence and capitalize on global opportunities," Netweb Technologies chairman and managing director, Sanjay Lodha said in a statement. He said India's flourishing AI research ecosystem, supported by government initiatives and industry ..