Netweb Share Price Hit Lower Circuit of 10% on Jan 28: Drop of ~50% in 8 Trading Sessions

On January 28, 2025, Netweb Technologies shares hit a lower circuit of 10% at ₹1,460.35, after opening at ₹1,550.00. This market the continued 8th consecutive falling trading session for Netweb share price. The fall in Netweb share price reached ~50% in these 8 trading days. The shares of Netweb Technologies are trading below their 52-week low-high average, where a 52-week low stands at ₹1,294.35 and a 52-week high at ₹3,060.00 on BSE.

On Monday, January 27, 2025, Netweb’s share price dropped by around 13% following a widespread global selloff in artificial intelligence-related tech stocks. The decline was sparked by the rising popularity of DeepSeek, a Chinese startup offering low-cost AI solutions that have disrupted market expectations about the sector’s profitability and the demand for advanced chips.

Netweb Technologies Q3FY25 Results

Netweb reported strong results for Q3 FY25, with total income reaching ₹3,355 million, reflecting a 30.1% year-on-year growth compared to Q3 FY24. EBITDA stood at ₹455 million, marking a 17.4% increase, with an EBITDA margin of 13.6%. Profit after tax (PAT) grew by 16.6% to ₹303 million, resulting in a PAT margin of 9.0%.

As of December 2024, Netweb’s net debt was ₹737.2 million. The company’s order book was ₹3,603 million, and a key highlight was the significant 136.3% YoY growth in income from AI Systems during the first nine months of FY25, with its contribution to operating revenue increasing to 14.7%.

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