Netweb Technologies shares surge 30% in five sessions; Here is why the stock is surging

Shares of the Faridabad-based high-end computing solutions (HCS) provider, Netweb Technologies, rallied for fifth straight session on Friday, September 5. The stock, in the last five trading sessions, has surge as much as 30% to hit an intraday high of ₹2,870 on the BSE. In intraday deals on Friday, Netweb Technologies shares rose as much as 8.3%.

Shares of Netweb Technologies came under buying interest since the start of this month after the company concluded its annual general meeting on August 30.

Meanwhile, the company on Wednesday informed exchanges that it secured a strategic order worth ₹1,734 crore to power India's sovereign AI infrastructure.

The company said that the order is for national importance as it involves strengthening India’s AI compute capabilities and advancing the country’s ambitions for a Sovereign AI System under the IndiaAI Mission.

"The order will leverage Netweb’s latest GPU-accelerated platforms built on NVIDIA’s cutting-edge Blackwell architecture. Execution is scheduled between the last quarter of FY26 and the first half of FY27," Netweb Technologies said.

The deployment will mark a pivotal milestone in India’s journey to build sovereign AI infrastructure. It will enable the development and deployment of indigenous large multimodal models, domain-specific foundational models, and scalable AI solutions for socio-economic transformation.

Netweb will deliver these systems through its flagship Tyrone Camarero AI platform, purpose-built for large scale generative AI, foundational model training and exascale computing, the company said in a press release.

“Each node will feature Nvidia’s latest generation 8x GPU-HGX-B200 accelerators, optimised for high-throughput, memory-intensive workloads. These platforms will serve as critical infrastructure to bring India’s compute capacity and capability in line with global benchmarks,” the company added.

“This strategic order reflects the growing importance of sovereign compute capabilities in India’s digital future. We are proud to contribute to the IndiaAI Mission by delivering best-in-class AI infrastructure, engineered and manufactured in India. This will help India emerge as an AI superpower and benefit multiple industry verticals. Moreover, this will create a lasting impact on Indian citizens by enabling citizen-centric services, making it truly transformative.” said Sanjay Lodha, Chairman and Managing Director Netweb Technologies.

Netweb Technologies is a leading Indian origin, owned, and controlled OEM specializing in High-end Computing Solutions (HCS). The company designs, manufactures, and deploys advanced computing infrastructure including AI systems, High-Performance Computing (HPC) clusters, private cloud and HCI platforms, high-performance storage, and data center servers.

As of 11:41 am, Netweb Technologies shares traded 7.45% higher at ₹2,847.65, outperforming the BSE SmallCap index which was trading on a flat note.