New Delhi, Oct. 3 -- The phenomenal rally in Netweb Technologies India shows no signs of slowing, as the stock continued its upward momentum in Friday's session, gaining another 7% to hit a new record high of Rs.4,336.70 apiece. This pushed the stock's weekly gains to 14% so far.
Despite extreme volatility in the broader market in recent weeks, the small-cap stock continued to gain steam, driven by strong interest from Dalal Street investors. This surge has resulted in 20 all-time highs in just five weeks and a massive 175% in just six months, which has also positioned it among the top performers so far this year.
Besides, the rally comes at a time when larger-cap tech stocks continue to grind lower amid US visa fee concerns.
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