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Netweb Technologies’ Shares Have Been Performing Well Since Being Listed At An 89% Premium.

 Netweb Technologies’ Shares Have Been Performing Well Since Being Listed At An 89% Premium.






The Dalal Street debut of Netweb Technologies shares was spectacular, providing their allottees with gains of up to 89%.

 On the BSE, the share price of Netweb Technologies opened at 942.50 rupees per share, while on the NSE, it opened at 947 rupees per equity share compared to the issue price of 475 to 500 rupees per equity share.

However, Netweb Technologies' share price continued to rise and hit an intraday high of 953, on the BSE, and 952, on the NSE.

If Netweb Technologies' shares continue to trade over $935 per share on a closing basis, they could eventually approach four digits, according to stock market analysts.

They suggested waiting to purchase Netweb Technologies stock until it was above $935 for people who lost out on getting shares during the allotted procedure.

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