Netweb Surges 25%: What's Behind the IT Enabled Services Stock's Growth?

Netweb Technologies India's stock price surged 25% in a week, more than doubling from its 52-week low of ₹1,278.85. The company secured an order worth ₹1,734 crore for a national AI project, leveraging its GPU-accelerated platforms. Netweb's order pipeline stood at ₹4,142 crore, excluding the new order. The company expects the order to boost its revenue and profits for the current and coming financial year.

Netweb Technologies India Limited (Netweb) has seen a significant surge in its stock price, rising by 25% over the past week. This substantial increase comes on the heels of the company securing a major contract worth ₹1,734 crore to build a sovereign AI compute infrastructure for the nation. The order, which leverages Netweb's GPU-accelerated platforms built on Nvidia's Blackwell architecture, is part of the IndiaAI Mission and aligns with the Make-in-India initiative [1].

The new contract is expected to have a substantial impact on Netweb's financial performance. The company anticipates that this order will boost its revenue and profits for the current and upcoming financial years. The servers are designed for large-scale Generative AI, foundational model training, and exascale computing, featuring Nvidia's latest generation 8x GPU-HGX-B200 accelerators. Each node is optimized for high-throughput, memory-intensive workloads, ensuring efficient AI computations [1].

Netweb's order pipeline, excluding the new contract, stood at ₹4,142 crore as of June 30, 2025. The company expects the execution of the new order between the last quarter of FY26 and the first half of FY27. This strategic order reflects the growing importance of sovereign compute capabilities in India's digital future and underscores Netweb's commitment to delivering best-in-class AI infrastructure, engineered and manufactured in India [1].

The stock price surge, which brought Netweb's shares to ₹2,464.55 per share on the BSE, is a testament to investor confidence in the company's ability to capitalize on the burgeoning AI market. The order is not part of Netweb's existing order pipeline and is expected to have a substantial impact on the company's financial performance. The servers will be manufactured in India, leveraging Netweb's in-house R&D and production capabilities [1].

Mr. Sanjay Lodha, Chairman and Managing Director of Netweb Technologies India Limited, stated, "This strategic order reflects the growing importance of sovereign compute capabilities in India's digital future. We are proud to contribute to the IndiaAI Mission by delivering best-in-class AI infrastructure, engineered and manufactured in India." The company's shares surged 8.6% to ₹2,464.55 per share on the BSE after the announcement [1].

References:
[1] https://www.ainvest.com/news/netweb-technologies-shares-surge-9-1-734-crore-ai-compute-order-2509/