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Netweb soars on collaborating with NVIDIA to Unlock Potential of AI and High-Performance Computing

Netweb Technologies India Ltd. | IT - Hardware | Consumer Durables | BSE: 543945 | NSE: NETWEB

28 Nov 2023 Evaluate

Netweb Technologies India is currently trading at Rs. 873.00, up by 63.05 points or 7.78% from its previous closing of Rs. 809.95 on the BSE.

The scrip opened at Rs. 875.00 and has touched a high and low of Rs. 890.90 and Rs. 870.45 respectively. So far 2851 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 953.00 on 27-Jul-2023 and a 52 week low of Rs. 739.70 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 890.90 and Rs. 804.70 respectively. The current market cap of the company is Rs. 4540.98 crore.

The promoters holding in the company stood at 75.45%, while Institutions and Non-Institutions held 17.79% and 6.76% respectively.

Netweb Technologies India (Netweb) is now a manufacturing partner for the NVIDIA Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs. Netweb will build and produce more than ten server variations under its Tyrone range of AI systems meant for a wide range of AI and high-performance computing/super computing applications.

With NVIDIA MGX, a modular reference design, Netweb’s AI systems will target complex workloads of HPC, data science, large language models, edge computing, enterprise AI, and design and simulation. The product range will also support handling a wide range of simultaneous workloads such as AI training, inference, and 5G on a single system. At the same time, the designs ensure seamless upgrades for upcoming hardware generations.

Netweb Technologies is one of the country's leading high-end computing solutions (HCS) providers. It is one of the few original equipment manufacturers (OEMs) in the country and is a recipient of production-linked incentives schemes of the Government of India.

Netweb Technologies Share Price

3810.35 103.30 (2.79%)

17-Apr-2026 16:59 View Price Chart

Peers

Company Name	CMP
Netweb Technologies	3810.35
Ivalue Infosolutions	268.40
DC Infotech and Comm	317.95
TVS Electronics	475.00
Control Print	669.45
View more..

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Netweb soars on collaborating with NVIDIA to Unlock Potential of AI and High-Performance Computing

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