Netweb Technologies India hits record high after Q4 profit jump

Netweb Technologies India

14/05/2024 08:22

** Shares of Netweb Technologies India Ltd  NETE.NS  rise as
much as 5% to a record high of 2,158.20 rupees
    ** Co reports nearly 3-fold jump in Q4 profit, rev up more
than 2-fold
    ** Stock on track to gain for second straight day
    ** More than 299,000 shares traded as of 12:48 p.m., 1.8x
their 30-day moving avg
    ** NETE last up 4.3%, bringing YTD gains to 80.5%


($1 = 83.4860 Indian rupees)

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))