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Multibagger Stock: Netweb Technologies advanced 147% in just 6 months, up 270% from IPO price

Shares of Netweb Technologies surged 5% to ₹1852, nearing its all-time high, after strong Q4 results in FY24. Company reported highest-ever revenue, EBITDA, and PAT. Partnered with NVIDIA for AI systems and launched Make in India servers. Stock trading 270% higher than IPO price.

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Netweb Technologies stock soars 10% on partnership with NVIDIA

Netweb Technologies shares surged 10% after the company partnered with NVIDIA to explore the potential of AI and high-performance computing. Netweb will manufacture server designs for the NVIDIA Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs.

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Manufacturers' Association for Information Technology (MAIT), the apex industry body of the IT manufacturing companies in India, organised the 3rd edition of the Electronics Manufacturing Summit (ETMS) from 22nd to 23rd April 2021.

Manufacturers Association for Information Technology (MAIT), the apex industry body of the IT manufacturing companies in India, organised the 3rd edition of the Electronics Manufacturing Summit (ETMS) from 22nd to 23rd April 2021. A major attraction of this virtual summit was the launch of TYRONE family of servers by Netweb Technologies.

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