India's Netweb Technologies surges to 1-month high on quarterly profit jump

Netweb Technologies India

05/05/2025 10:08

** Shares of Netweb Technologies NETE.NS jump 13% to 1,612 rupees, hitting their highest level since late March

** Computing solutions provider posts 45% jump in Q4 profit, rev jumped 56%

** NETE second biggest gainer on the Nifty 500 index .NIFTY500 , which is up nearly 1%

** Stock sees most active session ever, trading vols at 18x the 30-day avg

** NETE down 40% so far in 2025, vs a 1% drop in Nifty 500 index

(Reporitng by Nishit Navin)

((nishit.navin@thomsonreuters.com;))