Home / Business and Economy / Netweb Surges 170% in 6 Months on India's Digital Transformation
Netweb Surges 170% in 6 Months on India's Digital Transformation
1 Oct
Summary
- Netweb stock hits record high, up 80% in 1 month and 170% in 6 months
- Driven by India's digital infrastructure growth, AI adoption, and major contract wins
- Expects 36.7% revenue CAGR to ₹2,938 crore by FY28 from AI, cloud, and HPC
As of October 1, 2025, shares of Netweb Technologies have surged to a record high of ₹4,108 on the NSE, up 13% in the past day and an impressive 80% over the last month. This eye-catching rally has seen the stock gain a staggering 170% in the last six months, driven by India's structural shift towards digital infrastructure.
The rapid adoption of artificial intelligence (AI), rising internet traffic, and supportive data localization policies are expected to accelerate capacity expansion in the coming years, creating a multi-year growth opportunity for players like Netweb. According to Ventura Securities, India's compute infrastructure market is poised to grow rapidly, with AI infrastructure alone projected to reach ₹8,700 crore by FY28, growing at a 29.5% CAGR.
Netweb is well-positioned to capitalize on this trend, with Ventura forecasting the company's revenue to grow at a 36.7% CAGR to ₹2,938 crore by FY28. This growth will be fueled by strong demand for AI systems, enterprise workstations, and cloud-related services, which are expected to log a 50.9% CAGR to ₹588 crore. The company has also secured major contract wins, including a ₹450 crore deal to deploy AI infrastructure using its Tyrone GPU-accelerated systems and a ₹1,734 crore contract to supply Nvidia-powered servers.
