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Netweb shares jump 8% despite Nvidia crash
Positive+1
GreyOak summary
Netweb Technologies shares rallied nearly 8% on November 11, contrasting with Nvidia's 5.5% drop due to a CEO investigation. The surge was driven by record Q2 FY27 earnings, with PAT reaching ₹136.7 crore and revenue quadrupling to ₹1,323.3 crore. Analysts maintain a positive outlook citing India's expanding AI infrastructure needs.
What it affects
- Netweb Technologies IndiaNETWEBPositive +1
Shares jumped 8% on strong earningsRolling sentiment Positive +62
Source
Read the original at MintMore Netweb Technologies India news
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