$NETWEB

Fundamental: Revenue +86.6% YoY | PAT +65.7% YoY | P/E 76.9x vs sector 45x (premium to peers) | Upside 38% | ROCE 29.4% | Operating Margin 14.7% | Rank #3/52 peers | Rating 8.53 Technical: Rebounded sharply from ₹4,100 breakout zone — resuming primary uptrend | Above EMAs — bullish structure intact | Sustained move above ₹4,400 opens upside to ₹5,500 | RSI 56 improving momentum | ADX 25 — trend developing Moat: India's leading high-performance computing and server manufacturer — early mover in AI/GPU infrastructure with deep OEM partnerships (NVIDIA, AMD) positions it as a key beneficiary of India's data localization and AI compute buildout. View: Hyper-growth in revenue and earnings, top-3 ranked in segment, with the stock showing renewed buying interest after a sharp correction — a high-conviction play on India's AI/datacenter infrastructure theme, though valuation remains rich and requires growth to sustain.