From mint · Vaamanaa Sethi · · 1m
Netweb Shares Up 4% in 2026
Netweb Technologies shares surge 4% as market rebounds, but analysts caution on profit booking.
In brief
Netweb Technologies shares surge 4% as market rebounds, but analysts caution on profit booking. Netweb Technologies shares rose 4% to ₹4,697 after a strong market rebound, but analysts warn against immediate profit booking due to technical weaknesses. Originally reported by mint.
Netweb Shares Open at ₹4,543
Netweb Technologies shares opened at ₹4,543 per share today, compared to ₹4,520.30 on Thursday.
Intraday High of ₹4,697
The stock touched an intraday high of ₹4,697 on 5 October during Monday's session.
Market Rebounds on Monday
Indian equity markets rebounded with Sensex rising 452.84 points and Nifty trading above 22,500.
Technical Analysis
Analyst Virat Jagad notes Netweb is above its 200-day moving average but below short-term support levels.
Price Performance
Netweb has gained 1.13% weekly but declined 11.07% monthly, with a strong 50.13% YTD return.
Analyst Warning
Analysts caution that a sustained move above ₹4,770 could signal renewed bullish momentum, but below ₹4,575 may trigger further declines.
In short
Netweb Technologies shares rose 4% to ₹4,697 after a strong market rebound, but analysts warn against immediate profit booking due to technical weaknesses.
