NETWEB NEWS
Bitcoin tops $80,000 for first time since May as soft dollar, debasement fears boost momentum
Bitcoin surged above $80,000 to a more than three-month high, gaining 16% since last week and 28% in August. A weaker US dollar, softer bond yields, renewed spot ETF demand and the debasement trade are supporting the rally. However, experts caution that Bitcoin remains well below its record high, while stronger institutional demand and short-covering continue to fuel momentum.
Dec 22 index rejig: ITC Hotels, Reliance Power among 32 fresh additions to BSE 500. Check changes in SME, others
The BSE 500 index will undergo a significant overhaul from December 22, with 32 additions and 32 exits as part of the semi-annual reconstitution. Changes span 28 indices, affecting large, mid and small companies across sectors.
Nvidia Effect: This smallcap multibagger stock soars 6% after strong earnings from tech giant
Netweb Technologies shares: The stock jumped after Nvidia’s strong Q4 results boosted sentiment. The stock surged because Netweb has a deep partnership with Nvidia to build high-end computing systems, including Blackwell-powered AI servers.
Netweb Technologies shares surge 6%, rally for 3rd consecutive session. What's fueling the gains?
Netweb Technologies shares reached a new record high. The stock gained 175 percent in six months. India's digital infrastructure shift drives this performance. AI adoption and policy support create growth opportunities. Ventura Securities forecasts market expansion by FY28. Netweb anticipates revenue growth from AI systems and cloud services. Recent large order wins support company prospects.
Netweb Technologies shares surge 13% to record high, rally 170% in 6 months! Here’s why
Shares of Netweb Technologies surged to a record Rs 4,108 on the NSE, up 13%, extending a rally of 80% in a month and 170% in six months. The stock’s momentum is driven by India’s digital infrastructure growth, AI adoption, data localisation policies, and major order wins, including Nvidia-powered server contracts and Tyrone GPU-accelerated AI systems.
Ahead of Market: 10 things that will decide stock market action on Friday
Indian markets fell for a fifth straight session Thursday as Sensex and Nifty declined nearly 0.7%. Selling in financials, IT, pharma, and healthcare, coupled with FII outflows and US trade concerns, kept sentiment weak despite gains in metals.
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Netweb Tech shares jump over 6% on Rs 450-crore order win, turn multibagger in six months
Netweb Tech share price: Netweb Technologies secured a Rs 450 crore order for Tyrone AI GPU-accelerated systems, boosting India’s AI infrastructure under the IndiaAI Mission. The company reported 102% revenue growth, 127% EBITDA rise, and a net cash position of Rs 47.5 crore, highlighting strong AI-led expansion.
Netweb Technologies shares rally 13% after Q1 profit doubles on robust AI demand
Netweb Technologies reported a strong Q1 performance with profit after tax more than doubling year-on-year to Rs 30.5 crore, up from Rs 15.24 crore. Operating income surged 102% to Rs 301.2 crore, while operating EBITDA jumped 127.2% to Rs 44.8 crore, reflecting a healthy margin of 14.9%. PAT margin came in at 10.1%.
Netweb shares rally 10% as company dismisses DeepSeek threat
Netweb Technologies share price: The rally came after the company reassured investors, stating that the emergence of DeepSeek would actually drive broader AI adoption, opening up new opportunities rather than posing a competitive threat.
81 smallcaps fall in double-digits as markets follow sell-on-news trend. Is there reprieve in Budget week?
Domestic markets ended the week with a sell-on-rally sentiment due to factors like tapering, earnings slowdown, elevated valuations, and trade uncertainties. Key events like the FOMC meet and Union Budget will likely influence market sentiment, with analysts advising a patient, long-term investment approach.
Stocks in news: Tata Consumer, Netweb Technologies, RVNL, Axis Bank, RIL
Tata Consumer Products' profit rose 30% YoY to Rs 359 crore in the first quarter. Revenue from operations during the quarter increased 12% YoY to Rs 3,741 crore.
Will Netweb Technologies deliver strong listing gains on Thursday? Here's what GMP signals
The qualified institutional buyer portion was the most subscribed with a subscription of 228.91 times, followed by non-institutional investors with 81.81 times. Retail category was subscribed 19.15 times. The IPO comprised fresh equity of Rs 206 crore and an offer for sale (OFS) of 8.5 million equity shares. Ahead of the offer, the company has raised Rs 189 crore from anchor investors.
Netweb Technologies IPO subscribed 90 times on last day on strong institutional interest
The demand from qualified institutional buyers (QIBs) was massive with 229 times subscription. The category reserved for retail investors was subscribed 19.1 times and that of non-institutional investors was subscribed nearly 82 times.
Netweb Technologies IPO subscribed 2.33 times on Day 1 on strong retail interest
The company's grey market premium (GMP) has been continuously rising over the past few days and is currently at Rs 360 in the unlisted market.
Return subsidy or face legal action, govt tells EV makers; Bob Iger spell yet to work at Disney
The government sent recovery notices totalling Rs 469 crore earlier this fiscal year to seven companies — Hero Electric, Okinawa Autotech, Ampere EV, Revolt Motors, Benling India, Lohia Auto and Amo Mobility — for allegedly violating local sourcing norms.
Netweb Technologies IPO opens for subscription. Should you bid?
The company is offering its shares in the price range of Rs 475-500, and at the upper end, the valuation is at a P/E of 55-59x. The IPO will fetch Rs 631 crore at the upper end of the price band.
Netweb Technologies IPO: What GMP signals ahead of subscription tomorrow?
The public issue with a face value of Rs 2 per equity share comprises Rs 206 crore of fresh issue and an offer for the sale of 8.5 million equity shares. The offer also includes a reservation for a subscription by eligible employees.The company is offering its shares in the range of Rs 475–Rs 500 per equity share. Investors can bid for 30 shares in one lot and in multiples thereafter.The IPO will fetch Rs 631 crore at the upper end of the price band.
IPO market continues momentum with two more issues set to hit the Street this week
The IPO market has picked up pace in the second half of the year with three issues delivering strong listing gains. Netweb Technologies' IPO comprises a fresh issue of equity shares of up to Rs 206 crore and an offer-for-sale of up to 8.5 million equity shares by promoter-selling shareholders.
Netweb Technologies IPO to open on Monday. 10 things to know about the public offer
Netweb Technologies, an HCS (high-end computing solutions) provider based in India, serves a diverse range of Indian and multinational customers.
Netweb Technologies mobilises Rs 189 cr from anchor investors
Out of the total allocation 37.8 lakh equity shares to the anchor investors, 22.27 lakh equity shares were allocated to 9 domestic mutual funds through a total of 19 schemes.
Netweb Technologies sets price band of Rs 475-500 for its IPO, opening on July 17
Netweb Technologies has set the price band for its IPO at Rs 475-500, with the offering opening on 17 July and closing on 19 July. Investors will be able to bid for a minimum of 30 equity shares, with the company anticipating to use the funds for long-term working capital, funding its capital expenditure, as well as debt repayment.
Netweb Technologies IPO to open on July 17. Check details
The IPO of Netweb comprises a fresh issue of equity shares up to Rs 206 crore and an offer-for-sale (OFS) of up to 8.5 million equity shares by promoter and selling shareholders. The price band for the issue will be announced soon.
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