Alice Blue Home
URL copied to clipboard

Trending News

Ai stock with long term growth guidance of 35% to keep on your radar

This AI stock aims for a long-term growth rate of 35%, driven by its innovative solutions and expanding market reach. As the demand for AI technology rises, the company is well-positioned for significant value appreciation.
AI stock targeting 35% long-term growth, a stock keep on your radar!
AI stock targeting 35% long-term growth, a stock keep on your radar!

Introduction:

This AI stock is targeting a 35% long-term growth rate, driven by increasing demand for AI solutions across sectors. With a strong pipeline of innovative products, the company aims to maintain significant market momentum while expanding its influence.

Alice Blue Image

Also Read: EV stock held by Vijay Kedia falls after its net profit decreases by 64.14% YoY

About Netweb Technologies India Ltd

Netweb Technologies India Ltd is a leading provider of high-end computing solutions, including servers, storage systems, and supercomputing technologies. The company caters to various industries such as IT, healthcare, and research, focusing on innovation and performance. 

Share price movement: 

On January 24, Netweb Technologies India Ltd (BSE: NETWEB) opened at ₹1909.95, reached a high of ₹1928.95, and a low of ₹1829.80, closing at ₹1844.75, down by 2.92%. The company’s market capitalization is ₹10,398.27 crore.

Q3 Results: 

Netweb Technologies India Ltd reported Q3 revenue of ₹335.55 crore, marking a 32.57% increase from Q2. Net profit rose 17.88% to ₹30.32 crore. EPS also grew 17.98% to ₹5.38, reflecting solid performance.

Long term growth guidance: 

Netweb Technologies India Ltd is targeting a long-term growth rate of 30% to 35%, reflecting its optimism about the AI sector’s potential. The company remains cautious in its revenue guidance while positioning itself for sustained growth through strategic initiatives.

The company aims to leverage India’s growing AI ecosystem with significant orders expected from the Indian AI Mission by mid-2025. The company plans to expand into HPC and supercomputing sectors, targeting oil and gas. 

Also Read: Infra stock hits 10% lower circuit after company stops power generation and distribution business

Future outlook: 

AI is driving Netweb’s growth, contributing 14.7% to revenue in FY25, with a 136.3% YoY increase. The company has partnered with NVIDIA for AI GPU systems and earned recognition at the NVIDIA AI Summit 2024. Exports contributed 7.9% to FY25 revenue.

Alice Blue Image

The company is focused on a balanced growth strategy, aiming for a 10% to 11% revenue contribution from exports in FY26, while continuing to strengthen its presence in both domestic and international markets.

Shareholding pattern of Netweb Technologies India: 

All values in %Sep 2024Jun 2024Mar 2024
Promoter71.471.475.0
FII11.112.110.2
DII5.25.64.3
Public12.310.910.4

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

Loading
Submit the form, and get to know how you scored!!!
Submit the form, and get to know how you scored!!!
Read More News
दुनिया के पहले 24/7 बैटरी स्टोरेज गिगा-स्केल प्रोजेक्ट के EPC के लिए चयन के बाद लार्ज कैप स्टॉक पर फोकस।

लार्ज कैप स्टॉक पर ध्यान केंद्रित, दुनिया के पहले 24/7 बैटरी स्टोरेज गिगा-स्केल प्रोजेक्ट के EPC में  चयनित होने के बाद।

एक प्रमुख EPC ठेकेदार को अबू धाबी में दुनिया के पहले 24/7 सोलर पीवी और बैटरी स्टोरेज गिगा-स्केल प्रोजेक्ट के

Open Demat Account With

Account Opening Fees!

Enjoy New & Improved Technology With
ANT Trading App!