NETWEB
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Recent events
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News
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Corporate Actions
India's Netweb Technologies surges to 1-month high on quarterly profit jump
** Shares of Netweb Technologies NETE.NS jump 13% to 1,612 rupees, hitting their highest level since late March
** Computing solutions provider posts 45% jump in Q4 profit, rev jumped 56%
** NETE second biggest gainer on the Nifty 500 index .NIFTY500 , which is up nearly 1%
** Stock sees most active session ever, trading vols at 18x the 30-day avg
** NETE down 40% so far in 2025, vs a 1% drop in Nifty 500 index
(Reporitng by Nishit Navin)
(([email protected];))
** Shares of Netweb Technologies NETE.NS jump 13% to 1,612 rupees, hitting their highest level since late March
** Computing solutions provider posts 45% jump in Q4 profit, rev jumped 56%
** NETE second biggest gainer on the Nifty 500 index .NIFTY500 , which is up nearly 1%
** Stock sees most active session ever, trading vols at 18x the 30-day avg
** NETE down 40% so far in 2025, vs a 1% drop in Nifty 500 index
(Reporitng by Nishit Navin)
(([email protected];))
Netweb Technologies India - Receives Approval For Incentive Of 59.4 Million Rupees Under Pli Scheme
Netweb Technologies India Ltd NETE.NS:
NETWEB TECHNOLOGIES INDIA - RECEIVES APPROVAL FOR INCENTIVE OF 59.4 MILLION RUPEES UNDER PLI SCHEME
Source text: ID:nNSE2PvRyP
Further company coverage: NETE.NS
Netweb Technologies India Ltd NETE.NS:
NETWEB TECHNOLOGIES INDIA - RECEIVES APPROVAL FOR INCENTIVE OF 59.4 MILLION RUPEES UNDER PLI SCHEME
Source text: ID:nNSE2PvRyP
Further company coverage: NETE.NS
Netweb Technologies India jumps after launch of Skylus.ai
** Shares of Netweb Technologies India NETE.NS jump to exchange-allowed maximum of 10% to 1,474.65 rupees
** High-end computing solutions provider launches Skylus.ai, an appliance for optimised graphics processing unit (GPU) resource management across multi-vendor environments
** NETE says Skylus.ai enables maximizing GPU utilisation for AI workloads
** Stock set to snap eight session losing streak
** NETE more than doubled in 2024
(Reporting by Vijay Malkar)
(([email protected];))
** Shares of Netweb Technologies India NETE.NS jump to exchange-allowed maximum of 10% to 1,474.65 rupees
** High-end computing solutions provider launches Skylus.ai, an appliance for optimised graphics processing unit (GPU) resource management across multi-vendor environments
** NETE says Skylus.ai enables maximizing GPU utilisation for AI workloads
** Stock set to snap eight session losing streak
** NETE more than doubled in 2024
(Reporting by Vijay Malkar)
(([email protected];))
India's Netweb Tech hits record high on strong Q2 results
** Shares of Netweb Technologies NETE.NS rise as much as 10% to a record high of 2,949.8 rupees
** IT services and consulting firm on Sautrday reported ~70% Y/Y rise in Q2 profit, rev from ops up 73%
** Earnings aided by growth in income from AI Systems segment, co said
** More than 630,000 shares change hands, 3.8x its 30-day avg
** Stock has more than doubled in price so far this year, and has more than tripled since listing in July 2023
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Netweb Technologies NETE.NS rise as much as 10% to a record high of 2,949.8 rupees
** IT services and consulting firm on Sautrday reported ~70% Y/Y rise in Q2 profit, rev from ops up 73%
** Earnings aided by growth in income from AI Systems segment, co said
** More than 630,000 shares change hands, 3.8x its 30-day avg
** Stock has more than doubled in price so far this year, and has more than tripled since listing in July 2023
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Netweb Technologies India Enters Into Reselling Arrangement With Beetel Teletech
Sept 17 (Reuters) - Netweb Technologies India Ltd NETE.NS:
ENTERED INTO RESELLING ARRANGEMENT WITH BEETEL TELETECH
Source text for Eikon: ID:nBSE5wdwJn
Further company coverage: NETE.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Sept 17 (Reuters) - Netweb Technologies India Ltd NETE.NS:
ENTERED INTO RESELLING ARRANGEMENT WITH BEETEL TELETECH
Source text for Eikon: ID:nBSE5wdwJn
Further company coverage: NETE.NS
(Reporting by VijayDattaram Malkar)
(([email protected];))
Netweb Technologies India hits record high after Q4 profit jump
** Shares of Netweb Technologies India Ltd NETE.NS rise as much as 5% to a record high of 2,158.20 rupees
** Co reports nearly 3-fold jump in Q4 profit, rev up more than 2-fold
** Stock on track to gain for second straight day
** More than 299,000 shares traded as of 12:48 p.m., 1.8x their 30-day moving avg
** NETE last up 4.3%, bringing YTD gains to 80.5%
($1 = 83.4860 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
** Shares of Netweb Technologies India Ltd NETE.NS rise as much as 5% to a record high of 2,158.20 rupees
** Co reports nearly 3-fold jump in Q4 profit, rev up more than 2-fold
** Stock on track to gain for second straight day
** More than 299,000 shares traded as of 12:48 p.m., 1.8x their 30-day moving avg
** NETE last up 4.3%, bringing YTD gains to 80.5%
($1 = 83.4860 Indian rupees)
(Reporting by Meenakshi Maidas in Bengaluru)
(([email protected];))
Netweb Technologies India Says Dividend 2 Rupees Per Share
May 1 (Reuters) - Netweb Technologies India Ltd NETE.NS:
DIVIDEND 2 RUPEES PER SHARE
MARCH-QUARTER PROFIT 296.6 MILLION RUPEES VERSUS PROFIT 105.3 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 2.66 BILLION RUPEES VERSUS 1.23 BILLION RUPEES
Source text for Eikon: ID:nNSE8t0mTK
Further company coverage: NETE.NS
(([email protected];))
May 1 (Reuters) - Netweb Technologies India Ltd NETE.NS:
DIVIDEND 2 RUPEES PER SHARE
MARCH-QUARTER PROFIT 296.6 MILLION RUPEES VERSUS PROFIT 105.3 MILLION RUPEES
MARCH-QUARTER REVENUE FROM OPERATIONS 2.66 BILLION RUPEES VERSUS 1.23 BILLION RUPEES
Source text for Eikon: ID:nNSE8t0mTK
Further company coverage: NETE.NS
(([email protected];))
Netweb Technologies India Collaborates With Nvidia To Unlock Potential Of AI, High-Performance Computing
Nov 28 (Reuters) - Netweb Technologies India Ltd NETE.NS:
NETWEB COLLABORATES WITH NVIDIA TO UNLOCK POTENTIAL OF AI AND HIGH-PERFORMANCE COMPUTING
Source text for Eikon: ID:nNSE5P9SkH
Further company coverage: NETE.NS
(([email protected];))
Nov 28 (Reuters) - Netweb Technologies India Ltd NETE.NS:
NETWEB COLLABORATES WITH NVIDIA TO UNLOCK POTENTIAL OF AI AND HIGH-PERFORMANCE COMPUTING
Source text for Eikon: ID:nNSE5P9SkH
Further company coverage: NETE.NS
(([email protected];))
Netweb Technologies India Sept-Quarter Profit Rises
Nov 1 (Reuters) - Netweb Technologies India Ltd NETE.NS:
NETWEB TECHNOLOGIES INDIA LTD SEPT-QUARTER PROFIT 151.4 MILLION RUPEES VERSUS 91.3 MILLION RUPEES
NETWEB TECHNOLOGIES INDIA LTD SEPT-QUARTER REVENUE FROM OPERATIONS 1.45 BILLION RUPEES VERSUS 737.1 MILLION RUPEES
NETWEB TECHNOLOGIES INDIA LTD - APPROVED CAPITAL EXPENDITURE UPTO 234 MILLION RUPEES
Source text for Eikon: ID:nBSE7P3HJ5
Further company coverage: NETE.NS
(([email protected];))
Nov 1 (Reuters) - Netweb Technologies India Ltd NETE.NS:
NETWEB TECHNOLOGIES INDIA LTD SEPT-QUARTER PROFIT 151.4 MILLION RUPEES VERSUS 91.3 MILLION RUPEES
NETWEB TECHNOLOGIES INDIA LTD SEPT-QUARTER REVENUE FROM OPERATIONS 1.45 BILLION RUPEES VERSUS 737.1 MILLION RUPEES
NETWEB TECHNOLOGIES INDIA LTD - APPROVED CAPITAL EXPENDITURE UPTO 234 MILLION RUPEES
Source text for Eikon: ID:nBSE7P3HJ5
Further company coverage: NETE.NS
(([email protected];))
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Popular questions
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What does Netweb Technologies do?
Netweb Technologies India Limited is a leading provider of high-end computing solutions in India. They offer a range of products including high performance computing systems, private cloud infrastructure, AI systems, enterprise workstations, and storage solutions.
Who are the competitors of Netweb Technologies?
Netweb Technologies major competitors are E2E Networks, NELCO, Control Print, Silver Touch Tech., DC Infotech and Comm, Panache Digilife, Ducon Infra.. Market Cap of Netweb Technologies is ₹11,164 Crs. While the median market cap of its peers are ₹982 Crs.
Is Netweb Technologies financially stable compared to its competitors?
Netweb Technologies seems to be financially stable compared to its competitors. The probability of it going bankrupt or facing a financial crunch seem to be lower than its immediate competitors.
Does Netweb Technologies pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Netweb Technologies latest dividend payout ratio is 14.85% and 3yr average dividend payout ratio is 10.14%
How has Netweb Technologies allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments
How strong is Netweb Technologies balance sheet?
Balance sheet of Netweb Technologies is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Netweb Technologies improving?
Yes, profit is increasing. The profit of Netweb Technologies is ₹114 Crs for TTM, ₹75.9 Crs for Mar 2024 and ₹46.94 Crs for Mar 2023.
Is the debt of Netweb Technologies increasing or decreasing?
Yes, The net debt of Netweb Technologies is increasing. Latest net debt of Netweb Technologies is -₹178.26 Crs as of Mar-25. This is greater than Mar-24 when it was -₹441.54 Crs.
Is Netweb Technologies stock expensive?
Netweb Technologies is not expensive. Latest PE of Netweb Technologies is 97.52, while 3 year average PE is 139. Also latest EV/EBITDA of Netweb Technologies is 68.91 while 3yr average is 103.
Has the share price of Netweb Technologies grown faster than its competition?
Netweb Technologies has given lower returns compared to its competitors. Netweb Technologies has grown at ~-13.27% over the last 1yrs while peers have grown at a median rate of 21.3%
Is the promoter bullish about Netweb Technologies?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Netweb Technologies is 71.03% and last quarter promoter holding is 71.39%
Are mutual funds buying/selling Netweb Technologies?
The mutual fund holding of Netweb Technologies is increasing. The current mutual fund holding in Netweb Technologies is 5.07% while previous quarter holding is 4.95%.