New Delhi, Sept. 5 -- Netweb Technologies, a leading provider of high-end computing solutions (HCS) in India, witnessed a massive surge in its shares during the last week of trade, marking the biggest one-way rally in its history.
The stock closed all five trading sessions in the green, rallying nearly 40% to Rs.3,079, its largest weekly gain since listing in July 2023, and touched a fresh all-time high of Rs.3,182 apiece. This surpassed its previous best weekly gain of 29.70%, recorded in December 2023.
The remarkable surge in Netweb Technologies' shares, despite ongoing volatility in the Indian stock market, was triggered by the company securing a major order worth Rs.1,734 crore for the supply of servers built on Nvidia's Blackwell a...
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