New Delhi, Aug. 1 -- Netweb Technologies, a leading provider of high-end computing solutions (HCS) in India, extended its winning streak for the fourth straight session as its shares surged another 12.6% in intraday trade on Friday, August 1, to Rs.2,286 apiece. The rally came in response to the company's strong June quarter earnings.

On Thursday, the company reported over a 100% jump in profit after tax to Rs.30.5 crore in Q1FY26, driven by robust demand for artificial intelligence (AI) technologies. Operating income more than doubled to Rs.301.21 crore from Rs.149.3 crore in the June 2024 quarter. EBITDA surged 127% to Rs.44 crore, with margins expanding by 167 basis points to 14.9% during the reporting quarter.

AI remained a major gr...