Netweb Technologies shares surge 9% on ₹1,734 crore AI compute order

Netweb Technologies shares surged 8.6% to ₹2,464.55 per share on BSE after securing a ₹1,734 crore order to build sovereign AI compute infrastructure. The order will leverage Netweb's GPU-accelerated platforms built on Nvidia's Blackwell architecture. The project aims to create a Sovereign AI System to support the development and deployment of indigenous large multimodal models and scalable AI solutions for socio-economic applications.

Netweb Technologies India Limited (Netweb) saw a significant boost in its share price following the announcement of a ₹1,734 crore contract to supply servers equipped with NVIDIA's Blackwell architecture for India's AI infrastructure. The order, part of the IndiaAI Mission, aims to enhance the country's AI compute capabilities and aligns with the Make-in-India initiative.

The contract, valued at ₹1,734 crore, is expected to increase Netweb's annual revenue by over 60%. The servers are designed for large-scale Generative AI, foundational model training, and exascale computing. Each node will feature Nvidia's latest generation 8x GPU-HGX-B200 accelerators, optimized for high-throughput, memory-intensive workloads.

Netweb Technologies' shares surged 8.6% to ₹2,464.55 per share on the BSE after the announcement. The company expects the order to be executed between the last quarter of FY26 and the first half of FY27. The project is aimed at creating a Sovereign AI System to support the development and deployment of indigenous large multimodal models and scalable AI solutions for socio-economic applications.

The order is not part of Netweb's existing order pipeline of ₹41,421.00 million as of June 30, 2025, 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.

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."

References:
[1] https://scanx.trade/stock-market-news/orders-deals/netweb-tech-secures-1-734-crore-order-for-nvidia-blackwell-powered-ai-servers/18422051
[2] https://finance.yahoo.com/news/nvidia-doubles-down-ai-profit-140735648.html
[3] https://www.moneycontrol.com/news/business/markets/netweb-tech-shares-rise-7-as-firm-gets-rs-1-734-crore-order-to-supply-servers-based-on-nvidia-chip-13515588.html/amp
[4] https://www.business-standard.com/markets/news/netweb-technologies-shares-surge-9-percent-on-rs-1-734-crore-ai-compute-order-125090300500_1.html