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Netweb Technologies: Should you subscribe to the issue?

At the upper end of the price band, at Rs 500, Netweb is valued at an FY23 PE of 60x. This is expensive, considering that larger peers HPE and VMware trade at significantly lower multiples.

July 17, 2023 / 10:06 IST
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More