Netweb Tech shares fire up 10% on collaboration with NVIDIA
The company will act as a manufacturing partner for the NVIDIA's Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs
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The company will act as a manufacturing partner for the NVIDIA's Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs
Its total income stood at Rs 60.2 crore in the June quarter of the current financial year, down 13.2% YoY as compared to Rs 64.9 crore in the same quarter of the previous financial year. On a QoQ basis, total income fell 51.7% to Rs 60.2 crore in Q1 FY24 from Rs 12.46 crore in Q4 FY23.
I feel with the advent of AI and kind of services kind of things, which we are trying to do, the networking piece, which we have started, will give a boost to the margin. And I feel that it will increase by 3% to 4% going forward in a few years.
Yatharth Hospital IPO | The Noida-based hospital chain is looking to raise Rs 686.55 crore through the IPO, which is a fresh issue of shares worth Rs 490 crore and an offer for sale of Rs 196.55 crore by promoters. The IPO closes July 28
Netweb Technologies IPO: As per BSE data, Netweb Tech's IPO received 2,06,05,890 bids compared to the issue size of 88,58,630 shares. The Rs 631-crore initial share sale is being sold in the range of Rs 475-500 apiece with a lot size of 30 equity shares and in multiples thereafter.