News Topical, Digital Desk : The company, which makes high-computing solutions, saw a strong rally for the third consecutive day. The stock jumped nearly 10% intraday, becoming the center of attention among investors. The launch of an AI supercomputer, a strong technical breakout, and strong quarterly results have given the stock renewed momentum. The stock has risen nearly 20% in three trading sessions. Market experts are now predicting further gains.
Netweb Technologies shares
opened at ₹3,399 on the NSE, up from its previous close of ₹3,374.40. After an initial gain, the stock gained momentum and reached ₹3,700 intraday. At around 10:40 am, the stock was trading strongly around ₹3,585, with approximately 4.25 million shares traded. The stock has gained nearly 20% in three consecutive sessions, indicating a strong buying sentiment in the market.
What do technical signals indicate?
According to market experts, the stock has made a strong breakout and is trading above its short- and long-term moving averages.
Experts on CNBC Awaaz stated that there is strong support around ₹3,370. From a trading perspective, this could be considered a stop-loss level.
The stock is being viewed in the "buy on dips" category. A rise to ₹4,000 and then to ₹4,200 is expected. Technical indicators also remain strong, suggesting that buying may return even if the decline persists.
What is the real reason for the stock's rally?
The launch of Netweb Technologies' new AI supercomputer is believed to be a major reason for the rise in Netweb Technologies' stock. The company has introduced the 'Make in India' Tyrone Camarero GB200 AI Supercomputer and a personal AI system called the Tyrone Camarero Spark.
The company claims this is one of its most advanced AI infrastructure offerings to date.
Tyrone Camarero Spark is considered one of the world's smallest AI supercomputers, providing NVIDIA's AI technology in a compact desktop format.
Quarterly results also boosted confidence -
In Q3FY26, the company recorded its strongest quarterly performance ever.
- PAT increased nearly two and a half times to ₹733.1 crore.
- Revenue reached a record high of ₹8,115.6 crore. -
The company benefited from the growing demand for AI, private cloud, and strong demand for high-performance computing solutions.
Company's market position
Netweb Technologies is counted among India's largest supercomputing system manufacturers. The company is part of the BSE 500 index and has a market cap of approximately ₹20,527 crore. The free float is approximately ₹5,899 crore. Over the past six months, the stock has returned approximately 69%, while the BSE Sensex has gained only approximately 2.1% during the same period. This means the stock has significantly outperformed the market.
Indications
indicate a strong uptrend in the stock, but volatility could increase after such a rapid rally. Technically, strategic buying around support levels and risk management are considered necessary. If the stock holds above ₹4,000, the rally could be even stronger.
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