E2E Networks shares surge 10% to hit upper circuit; here is why

“As per the letter dated 2nd September 2025, H200 SXM and H100 SXM GPUs have been allocated for a period of 360 days, totalling 12,994,560 GPU hours,” the company said in a regulatory filing. This will be used to build India’s foundational AI model.

E2E will provide GPU resources for a period of 360 days, adding to nearly 1.3 crore GPU hours (12,994,560), the statement further added. The GPUs will be provided with an IB network on a single fabric.

“This engagement further strengthens E2E Networks Limited’s positioning in the national AI infrastructure ecosystem and marks a significant step in supporting India’s ambitions in AI capability building,” the company said in a statement.

Following this, shares of E2E Networks opened at ₹2,550 apiece on the National Stock Exchange and touched its upper circuit.

On August 28, E2E’s board had approved the acquisition of specific assets of Coimbatore-based Jarvis Labs AI Pvt Ltd, a startup offering GPU cloud infrastructure for AI and deep learning. The acquisition includes IP, hardware, domain, and customer assets, aligning with E2E’s strategic focus on expanding its AI/ML offerings.

E2E Networks is a hyperscaler from India with a focus on advanced cloud GPU infrastructure. The company is popular for providing accelerated cloud computing solutions, including cutting-edge cloud GPUs like the NVIDIA A100, H100, and the newly available H200 GPUs on the cloud.

Over the last five trading days, E2E Networks shares gained nearly 10%, while for a month’s period, the stock zoomed 22%.

Since March 3, 2025, which is six months, shares of the firm have climbed 41%.

The company’s market capitalisation stands at ₹5,280.60 crore.

Shares of the firm had touched their one-year high of ₹5,487.65 apiece on November 7, 2024, while their 52-week low of ₹1,710.05 was hit on March 12, 2025.