Electronics has become the country's fifth largest export commodity, growing by 23 per cent annually, a senior official in the Ministry of Electronics and IT said on Friday. Electronics manufacturing in India has crossed USD 100 billion market in March 2024, which was USD 49 billion in 2017, Bhuvnesh Kumar, Additional Secretary in the Ministry of Electronics and IT, said at the launch of indigenously-built Tyronne AMD servers by Netweb Technologies. "The electronics exports are rapidly growing at rate of 23 per cent annually. Last year we did USD 30 billion of exports from India. "Surprisingly for many, it has become 5th largest commodity being exported from India," Kumar said. He also expressed confidence that the country's net revenue from electronic exports will become positive in coming years with start of local semiconductor production. Kumar said the country's trillion dollar digital economy has a component of USD 400 billion from electronics manufacturing and the rest comes

Netweb Technologies India Ltd. has lost -41.03% in the last 6 Months

Netweb Technologies India Ltd.

22 Jul 2024

1565.60

-2.42%

to see Rapid results content

Netweb Technologies India Ltd.

20 Jul 2024

1565.60

-2.42%

Netweb Tech Q1 results: Firm's net profit jumps 3-fold to Rs 15.4 cr

Business Standard

IT hardware company Netweb Technologies on Saturday posted over three-fold jump in net profit to Rs 15.4 crore in the April-June quarter of 2024-25. The company had posted a net profit of Rs 5 crore in the same period a year ago. Total income also increased to Rs 153.21 crore during the reported quarter from Rs 60.2 crore in June 2023 quarter. "AI systems has emerged as a pivotal growth pillar, contributing significantly to our operating revenue, with its share increasing to 14.6 per cent in the quarter gone by, marking a robust growth of 146 per cent YoY," Sanjay Lodha, Chairman and Managing Director, Netweb Technologies said.

Netweb Technologies India Ltd. is trading below its 100 day SMA of 1910.2

Netweb Technologies India Ltd.

10 May 2024

1565.60

-2.42%

Netweb Technologies launches new manufacturing facility in Faridabad; stock ends weak

Business Line

The facility will create local job opportunities and stimulate economic growth in the region.

Netweb Technologies .. has an average target of 3380.00 from 1 broker.

Netweb Technologies India Ltd.

30 Nov 2023

1565.60

-2.42%

Compete or Die: Netweb Technologies joins the artificial intelligence race

livemint

The AI megatrend is picking pace with many tech companies starting to name-drop AI' on their earnings calls.

Netweb Technologies India Ltd. average weekly volume is high.

Netweb Technologies India Ltd.

28 Nov 2023

1565.60

-2.42%

Netweb Technologies stock soars 10% on partnership with NVIDIA

livemint

Netweb Technologies shares surged 10% after the company partnered with NVIDIA to explore the potential of AI and high-performance computing. Netweb will manufacture server designs for the NVIDIA Grace CPU Superchip and GH200 Grace Hopper Superchip MGX server designs.

Netweb Technologies India Ltd. is trading above its 50 day SMA of 1504.2

Faridabad-based Netweb Technologies partners with NVIDIA to produce server designs

Business Today | 28 Nov 2023

Netweb Technologies India Ltd.

03 Nov 2023

1565.60

-2.42%

Netweb Technologies Q2 profit grows 66% to Rs 15.1 crore

Moneycontrol

Netweb Technologies India | The revenue from operations during the quarter came in at Rs 145 crore, increasing 97 percent over the corresponding period last fiscal, the company said in its filing to exchanges.

Netweb Technologies .. has an average target of 3380.00 from 1 broker.

Netweb Technologies India Ltd.

14 Aug 2023

1565.60

-2.42%

Netweb Technologies reports 9% decline in profit YoY for Q1 FY24; revenue down by 13%

Business Today

The Faridabad-based company's profit declined by 51.2 per cent on quarter-on-quarter (QoQ) basis. Netweb Technologies reported a profit after tax of Rs 10. 5 crore in the last quarter of FY23.

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