Data Centre Stock Jumps 6% After Company Expects 40% Revenue Growth Based on Strong Q2 Performance
India, Oct. 26 -- The share of the company, which is one of India's leading high-end computing solutions (HCS) providers with fully integrated design and manufacturing capabilities, after management, gave strong future guidance.
With a market capitalization of Rs 25,889 crore, Netweb Technologies India Ltd's share on Monday made a day high of Rs 4,600 per share, up by 6.1 percent from its previous close of Rs 4,335 per share. The stock of the company gave a return of 12 percent over the last year.
Management Guidance
Revenue Guidance: Netweb Technologies expects revenue to cross Rs 4,000 crore in FY27 while retaining its revenue growth guidance of around 40 percent. Despite first-half growth of over 300 percent year-on-year, management...
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