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.

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…

Netweb Technologies raises ₹1,200 crore via QIP, stock hits 52-week high as institutional investors show strong interest.