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Netweb Technologies share price: AI Stock cracks over 7% today, down 15% in 7 days - here's why; still a stock to buy?
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GreyOak summary
Netweb Technologies shares dropped more than 7% on Friday, marking a seventh consecutive session of losses. The decline is attributed to a global sell-off in AI stocks, concerns over expensive valuations with a P/E of 58-70x, and slight margin moderation. Despite Q2 FY27 profit surging to ₹136.7 crore, the stock remains 38% below its 52-week high.
What it affects
- Netweb Technologies IndiaNETWEBNegative 0
Shares fell over 7% amid global AI sell-offRolling sentiment Positive +62
Source
Read the original at MintMore Netweb Technologies India news
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