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Page 40 - Netweb Technologies News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stock Market Live Updates: Indian shares hit fresh record highs as earnings season kicks off; Adani Enterprises, Wipro up over 2%

Stock Market Live Updates: Indian shares hit fresh record highs as earnings season kicks off; Adani Enterprises, Wipro up over 2%
thehindubusinessline.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindubusinessline.com Daily Mail and Mail on Sunday newspapers.

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CEO Bhavish Aggarwal thinks Ola Electric is on track for an early listing

Ola Electric has sold more than 239,000 electric scooters since December 2021 and holds a 38% share in India s electric-scooter market.

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Netweb Technologies IPO today: 10 things to know before buying

The Netweb Technologie IPO aims to raise ₹631 crore and the company has fixed issue price at ₹475 to ₹500 per equity share.

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netweb technologies ipo subscription: Netweb Technologies IPO opens for subscription Should you bid?

The company is offering its shares in the price range of Rs 475-500, and at the upper end, the valuation is at a P/E of 55-59x. The IPO will fetch Rs 631 crore at the upper end of the price band.

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Netweb Technologies: Should you subscribe to the issue?

At the upper end of the price band, at Rs 500, Netweb is valued at an FY23 PE of 60x. This is expensive, considering that larger peers HPE and VMware trade at significantly lower multiples.

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