Netweb Technologies India share price rose nearly 4 percent, hitting 52-week high in the opening trade on September 22 following the company received the purchase order for the supply of Tyrone AI GPU Accelerated Systems.
The estimated order value is approximately Rs 450 crores.
At 09:19am, Netweb Technologies India was quoting at Rs 3,405.50, up Rs 125.40, or 3.82 percent.
It has touched a 52-week high of Rs 3,425.50.
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On September 3, the company secured order worth Rs 1,734 crore to strengthened India’s AI compute capabilities and advancing the country’s ambitions for a Sovereign AI System under the IndiaAI Mission.
Also, company received the purchase order for the supply of servers based on NVIDIA’s cutting-edge Blackwell Architecture for approximately Rs 1,734 crores.
The company's June quarter net profit doubled to Rs 30.48 crore and total income rose to Rs 302.32 crore at a growth of 97 percent on year. Income from AI systems rose by 300% on year during Q1FY26.
The market capitalisation of the company stands at Rs 19,293.47 crore.
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