Netweb Technologies announces strategic collaboration with Vertiv, stock up over 17% this month

Netweb Technologies shares rose over 3% in early morning trades following the announcement of a new strategic collaboration with US-based Vertiv Holding Co. The AI firm, which is a leading Indian high-end computing solutions provider, said it will partner with Vertiv to jointly engineer and validate its cutting-edge, in-house designed GPU compute platforms with Vertiv’s integrated, end-to-end AI data center solutions.

Under this collaboration, Netweb’s rack-scale solutions will leverage Vertiv’s, liquid cooling infrastructure, including coolant distribution units and free cooling chillers; and advanced power infrastructure that includes busways, and uninterruptible power supply (UPS) systems with power conversion and dynamic load management.

Netweb and Vertiv Holding's tie-up will allow customers to address the rapidly rising power demands of AI workloads and the extreme thermal densities driven by high-performance accelerators. The validated rack-scale solutions will enable higher rack densities, faster deployment, and reliable performance for the most demanding AI training and inference environments.

This is the second major announcement by Netweb Technologies this month. Earlier this month, the company launched ‘Make in India’ AI Supercomputing Systems built on the NVIDIA Grace Blackwell architecture. The company has the Tyrone brand, which focuses on high-performance computing systems used in AI workloads, data centres, and defence applications.

In Q3FY26, Netweb Technologies reported 141% YoY rise in revenue to ₹805 crore, while its net profit jumped 143% YoY to ₹73 crore. The company has an order pipeline of ₹4,270 crore and an L1 order pipeline of ₹331 crore, indicating strong future revenue visibility.

Netweb Technologies shares have gained over 17% so far this month amid multiple announcements. Investors are closely tracking the stocks as the company has a strong presence in the artificial intelligence segment.

Netweb Technologies stock performance