4/12/2024, 12:08:03 pm

Buy Netweb Technologies India; target of Rs 3380: Geojit Financial Services

Netweb Technologies India's revenue rose 96% YoY to Rs.400.4cr in H1FY25, driven by its high-end computing solutions. EBITDA margins improved to 14% and PAT rose 103% YoY to Rs 41.2cr. The company's order book stood at Rs 369.7cr, showing 70% YoY growth. The stock is expected to grow 47% and 52% CAGR in FY24- FY26E.