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Netweb Technologies share price rebounds over 13% in four sessions after long downtrend: Relief rally or trend reversal?

Published by Mint · India 18 min ago
Netweb Technologies share price rebounds over 13% in four sessions after long downtrend(Photo: AI generated )
Netweb Technologies share price rebounds over 13% in four sessions after long downtrend(Photo: AI generated ) · Mint

Detailed summary

Netweb Technologies shares rose over 3% on Thursday, extending a four-session rebound of more than 13%. The company reported Q2 FY27 profit of ₹136.7 crore and revenue of ₹1,323.3 crore, while its ₹2,629 crore order book and strong AI infrastructure demand supported growth prospects.

Netweb Technologies India shares gained over 3% on Thursday, 12 November, extending their recovery after a prolonged downtrend. The stock has rebounded more than 13% over the past four trading sessions, signalling a pickup in buying interest. However, it remains under pressure over a broader period, declining 16.92% in a month and 14.12% over three months. On a positive note, the stock has gained 3.40% over six months and is up 35.11% so far in 2026.

Netweb Technologies, a domestic provider of high-performance computing solutions, reported a sharp rise in profitability for the September quarter of FY27, buoyed by strong demand for artificial intelligence (AI) infrastructure.

The company’s consolidated profit after tax (PAT) surged to ₹136.7 crore in Q2 FY27, compared with ₹31.4 crore in the corresponding quarter last year. Revenue from operations also registered a multifold increase, climbing to ₹1,323.3 crore from ₹303.7 crore a year earlier.

Netweb’s order book stood at ₹2,629 crore as of 30 September 2026, providing visibility for business growth in the coming quarters.

Chairman and Managing Director Sanjay Lodha said Q2 FY27 marked another record quarter for the company, with its highest-ever quarterly revenue from operations and PAT.

He added that Netweb’s PAT for the first half of FY27 reached ₹222 crore, exceeding its full-year FY26 profit of ₹205.8 crore within just six months.

AI Systems remained the biggest growth contributor, generating ₹773.1 crore, or 58.4% of the company’s Q2 revenue from operations. High-Performance Computing (HPC) and Private Cloud also delivered strong contributions of ₹248.2 crore and ₹244.8 crore, respectively.

Lodha said the company’s order book stood at ₹2,629 crore at the end of September, with an additional L1 position of ₹652.5 crore, strengthening its revenue visibility for the coming quarters.

Netweb Technologies India share price today opened at ₹4,170.30 apiece on the BSE, the stock touched an intraday low of ₹4,150, and an…

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