India's Netweb Technologies rises to 7-1/2-month high on $197 million contract

Netweb Technologies India

03/09/2025 06:36

** Shares of Netweb Technologies NETE.NS jump 7.7% to 2,441 rupees, their highest since January 17

** The computing solutions provider gets an order worth 17.34 billion rupees ($197 million) to supply servers based on NVIDIA's Blackwell architecture

** More than 1.7 million shares change hands, 1.1x of 30-day avg

** Stock down 10.3%, YTD

   ($1 = 88.0319 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))