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The domestic server and high-end computer maker will start manufacturing Nvidia GH200 super chip-enabled systems this quarter, Netweb CMD Sanjay Lodha has said. The company expects the AI Mission and Nvidia tie-up to drive AI systems business
Shares of Netweb Technologies surged 5% to ₹1852, nearing its all-time high, after strong Q4 results in FY24. Company reported highest-ever revenue, EBITDA, and PAT. Partnered with NVIDIA for AI systems and launched 'Make in India' servers. Stock trading 270% higher than IPO price.
Piramal Pharma shares rose 32% in the last six weeks, reaching a new high in 18 months. Despite the recent uptrend, the stock remains 24% below its IPO price. The company has recently expanded into men's grooming products, aiming to enhance self-care practices.
For the fourth quarter of FY24, the company's net profit surged 181.8% to Rs 29.66 crore as against Rs 10.52 crore in the corresponding period of last year.
For the year ended March 31, Netweb Tech's order book stood at Rs 411.2 crore as against Rs 71.2 crore in the year ago period