Netweb Technologies share price surges 21% in four sessions to a new record high

Shares of Netweb Technologies Ltd. gained another 8% on Monday, September 22, hitting a fresh record high and extending their gains for the fourth consecutive trading session.

The recent gains come after the company won orders worth ₹450 crore on Friday. The contracts are for the supply of Tyrone AI GPU-accelerated systems.

Netweb Tech said one of the largest Indian-headquartered global providers of technology distribution and integrated supply chain solutions has placed the order.

It is to deploy AI infrastructure facility using the latest Tyrone AI GPU-accelerated systems.

The contract is to be completed by the end of the ongoing financial year.

Earlier this month, Netweb Tech won an order worth ₹1,734 crore to supply servers based on Nvidia's Blackwell architecture.

The project is to be completed between the last quarter of FY26 and the first half of FY27. It will leverage Netweb's GPU-accelerated platforms powered by Nvidia Blackwell and its in-house Tyrone Camarero AI platform.

Netweb Tech shares have gained 21% in the recent four consecutive trade sessions. The stock gained 8.1% to hit a fresh record high of ₹3,545.6 apiece on Monday, increasing seven-fold from its IPO price of ₹500.

The stock was up 5.7% at ₹3,467.2 apiece around 11.20 am. It has gained 49.4% in the past month, 111.9% in the last six months and 20% this year, so far.

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