Netweb Technologies India: General Update regarding proposed incorporation of the wholly owned subsidiary
Netweb Technologies India (NETWEB) filed a disclosure titled "General Update regarding proposed incorporation of the wholly owned subsidiary". The company is valued at about ₹24,688 crore.
What happened
Netweb Technologies India (NETWEB) filed a disclosure with the exchanges on 24 October 2026 at 04:39 PM titled "General Update regarding proposed incorporation of the wholly owned subsidiary".
Company snapshot
Netweb Technologies India is a small-cap company in the Information Technology sector, with a market value of about ₹24,688 crore.
The stock last traded at ₹4,335.8, against a 52-week range of ₹2,920–₹5,813 (25.4% below the high).
Before this filing the shares had moved −2.6% over the month and +8.2% over three months. Average daily turnover over the last 20 sessions was about ₹571 crore.
Promoters held 66.98% at the end of Q1 FY27. Foreign institutions owned 9.27% and domestic institutions 5.91%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 301 | 30.5 | 5.38 |
| Q2 FY26 | 304 | 31.4 | 5.55 |
| Q3 FY26 | 805 | 73.3 | 12.94 |
| Q4 FY26 | 774 | 70.6 | 12.43 |
| Q1 FY27 | 820 | 85.3 | 14.98 |
What history shows
BCEIE has no earlier m&a filing from this company on record since May 2026.
Across 82 similar disclosures by other Information Technology companies, shares moved −0.1% on average the next day and −0.4% over five days; 52% of them rose the next day.
Market-wide, 2,140 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
- 24 October 2026: Board meeting — Financial Results/Other business matters.
In the news
Recent coverage elsewhere (links open the original publisher):
- What Netweb Technologies India Doubters Got Wrong
- Smallcap stocks under pressure; Sterlite, MTAR, HFCL, Netweb slide 5%
- Netweb Technologies India Share Price Today: Key Numbers
- E2E Networks shares hit lower circuit for 4th straight session; Netweb, Black Box fall up to 9% amid global AI rout
- Netweb, ESDS Software, Hitachi Energy India, other AI-related stocks fall up to 6% amid global AI selloff
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.