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Netweb Tech shares rise 4% as Nomura, Goldman Sachs invest in Rs 1,200 crore QIP

Economic Times 21 August 2026 at 09:11 am 1 min read 3 views Read Original
Netweb Tech shares rise 4% as Nomura, Goldman Sachs invest in Rs 1,200 crore QIP

Netweb Technologies India shares rose nearly 3.5% to a fresh 52-week high after the company completed its Rs 1,200 crore qualified institutional placement (QIP). Nomura, Goldman Sachs, ICICI Prudential Mutual Fund and other institutional investors participated in the fundraise, which comes amid strong growth in the company's revenue and profit.

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