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Saurabh Mittal

21 mins ago · SEBI Registration INH000022835

Netweb Technologies India Ltd a ₹2,629 crore order book

NETWEB Netweb shares surged 8.16% on November 11, closing at ₹4,154.50 (up from ₹3,839 the prior day), with intraday trading between ₹3,870.70 and ₹4,210.00; the rally was driven by strong Q2 FY27 results, a large order book, and a broader AI-sector sentiment boost from the Anthropic IPO and CoreWeave earnings, despite a global Nvidia sell-off. In Q2 FY27 (quarter ended September 30, 2026), the company reported consolidated revenue of ₹1,323.3 crore, up 335.7% year-on-year (and 61.5% quarter-on-quarter from ₹819 crore), with net profit of ₹136.7 crore, up 334.8% YoY (and 60.6% QoQ from ₹85.3 crore), and EBITDA of ₹197.3 crore, up 64.4% QoQ, with an EBITDA margin of 14.9% (up from 14.6% QoQ); the order book stood at ₹2,629 crore as of September 30, plus a lowest-bidder position of ₹652.5 crore, providing strong revenue visibility.

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