Image source: DNY59/www.istockphoto.comNETWEB TECHNOLOGIES share price has zoomed 12% and is presently trading at Rs 1,768.0.
Meanwhile, the BSE IT index is at 36,613.7 (up 4.2%).
Among the top gainers in the BSE IT index today are Sonata Software (up 8.6%) and INTELLECT DESIGN (up 7.9%).
Over the last one year, NETWEB TECHNOLOGIES has moved down from Rs 1,938.0 to Rs 1,768.0, registering a loss of Rs 170.0 (down 8.8%).
On the other hand, the BSE IT index has moved up from 34,114.4 to 36,613.7, registering a gain of 7.3% during the last 12 months.
The top gainers among the BSE IT index stocks during this same period were Coforge (up 82.7%), Firstsource Solutions (up 76.8%) and PERSISTENT SYSTEMS (up 69.8%).
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What About the Benchmark Indices?
The BSE Sensex is at 81,707.9 (up 2.8%).
The top gainers among the BSE Sensex today are HCl Tech. (up 4.7%) and ZOMATO (up 4.6%). The most traded stocks in the BSE Sensex are Tata Motors and ZOMATO.
In the meantime, NSE Nifty is at 24,718.3 (up 3.0%). Shriram Transport and Adani Enterprises are among the top gainers in NSE NIFTY.
Over the last 12 months, the BSE Sensex has moved up from 73,466.4 to 81,707.9, registering a gain of 8,241.5 points (up 11.2%).
NETWEB TECHNOLOGIES Financial Update…
NETWEB TECHNOLOGIES net profit grew 45.0% YoY to Rs 430 million for the quarter ended March 2025, compared to a profit of Rs 297 million a year ago. Net sales rose 55.9% to Rs 4,147 million during the period as against Rs 2,659 million in January-March 2024.
For the year ended March 2024, NETWEB TECHNOLOGIES reported 61.7% increase in net profit to Rs 759 million compared to net profit of Rs 469 million during FY23. Revenue of the company grew 62.7% to Rs 7,241 million during FY24.
The current Price to earnings ratio of NETWEB TECHNOLOGIES, based on rolling 12 month earnings, stands at 87.5.
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