New Delhi, Oct. 3 -- The phenomenal rally in Netweb Technologies India shows no signs of slowing, as the stock closed 6.15% higher on Friday at a record high of Rs.4,331.90 apiece, extending its winning streak to the third straight session and driving its weekly surge to nearly 17%.
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 11 all-time highs in five weeks and a massive 178% surge 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 slide amid concerns over US visa fees.
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