TLDR: Netweb Technologies India Limited witnessed a significant surge in its share price after announcing a substantial order worth ₹1,734 crore to develop sovereign AI compute infrastructure for India. This strategic project, utilizing NVIDIA’s Blackwell GPU architecture, is a crucial step in bolstering the nation’s AI capabilities under the IndiaAI Mission.
New Delhi, September 3, 2025 – Netweb Technologies India Limited (NSE: NETWEB, BSE: 543945) experienced a robust rally in its stock, with shares surging between 9.60% and 10.65% following the announcement of a monumental order valued at ₹1,734 crore. The order is for the development of sovereign AI compute infrastructure, a critical initiative under the Indian government’s ambitious IndiaAI Mission, which boasts a total budget of ₹10,372 crore.
The company’s stock price climbed to ₹2,484.10 by 12:45 PM on Wednesday, marking a sharp increase from its previous close of ₹2,266.60. Some reports indicated a jump to ₹2,508.75, representing a 10.65% gain. The scrip hit an intraday high of ₹2,517.00, with trading volumes nearing 40 lakh shares and a traded value exceeding ₹1,015 crore on the exchanges. This latest surge contributes to the stock’s impressive performance, having already gained over 75% in the past six months.
The strategic order, secured from a prominent technology distribution and supply chain provider, involves the deployment of advanced AI infrastructure. This infrastructure will be powered by NVIDIA’s cutting-edge Blackwell GPU architecture and delivered through Netweb’s Tyrone Camarero AI platform. The systems are specifically designed to support large-scale generative AI, foundational model training, and exascale computing, positioning India at the forefront of AI innovation. The execution of this significant project is slated to occur between the fourth quarter of FY26 and the first half of FY27.
Sanjay Lodha, Chairman and Managing Director of Netweb Technologies, emphasized the national importance of this order, stating that it ‘reflects the growing importance of sovereign compute capabilities and will help India emerge as an AI superpower.’ He further noted that while this order is strategic and distinct from Netweb’s recurring business, it is anticipated to significantly boost the company’s revenue and profits during its execution period.
Netweb Technologies India Limited, incorporated in 1999 and listed in July 2023, specializes in IT-enabled services with a strong focus on high-performance computing (HPC), cloud solutions, and AI infrastructure. The company is a constituent of the Nifty Smallcap 250 index and is actively expanding its footprint within India’s burgeoning AI and supercomputing ecosystem. With in-house R&D and ‘Make-in-India’ manufacturing capabilities, Netweb is positioned as a key partner in building the nation’s sovereign AI and compute systems.
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Financially, Netweb Technologies has demonstrated robust growth. For Q1 FY26, the company reported a standalone net profit surge of 100.03% to ₹30.47 crore, alongside a 101.73% jump in revenue from operations, reaching ₹301.21 crore, compared to Q1 FY25. As of June 30, 2025, the company’s order pipeline, excluding this new ₹1,734 crore order, stood at a healthy ₹4,142.1 crore.
