By Admin 
Stock Market News: There is a tremendous jump in shares of Natweb Technology, a company working in the field of AI and data center. The share price is trading at Rs 4257. It has seen a jump of 5 percent compared to the previous trading day. Also, the company’s shares have also set a record of Rs 4,315.90. The company has given good returns to investors, in the last one year, the price of its lower level is jumping from Rs 1,251.55 to touch its high level so far. In 1 year, the company has given a return of about 76 percent.
What is the reason for the fast?
Natweb Technology had informed on 19 September that the company has received an order of about ₹ 450 crore for its AI supercomputes system. The company has received this order from Tyrone AI. The target has been kept to complete it from the financial year 2025-26. Along with this, the company has also received an order of Rs 1734 crore for AI Infrastructure. Under this, the company will work to strengthen India’s AI Compute Capacity. Due to the continuous order, investors are relying on the netweb and the company’s stocks are bulish.
The company’s stock has performed brilliantly in the last few days. Which has benefited investors. In the last one week, the company’s shares have seen a jump of 15 percent. Whereas in the last 6 months, the company’s stock has jumped more than 178 percent.
Bounce in market cap from order
At this time, the market cap of the company has become about 24,113 crore rupees. Along with the company’s P/E (Price-to-Aranings) ratio also remains at the level of 187. Overwalld price-to-aranings ratio shows that investors are expecting future and fast growth in future. At the same time, investors are trusting the company.
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