19-06-2024 10:10 AM | Source: Accord Fintech
Netweb Technologies shines on unveiling AMD based Make-in-India servers for data centers AI systems

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Netweb Technologies India is currently trading at Rs. 2590.00, up by 53.35 points or 2.23% from its previous closing of Rs. 2536.65 on the BSE.

The scrip opened at Rs. 2651.05 and has touched a high and low of Rs. 2678.80 and Rs. 2571.85 respectively. So far 11564 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 2,678.80 on 19-Jun-2024 and a 52 week low of Rs. 739.70 on 26-Oct-2023.

Last one week high and low of the scrip stood at Rs. 2678.80 and Rs. 2407.00 respectively. The current market cap of the company is Rs. 14298.05 crore.

The promoters holding in the company stood at 75.04%, while Institutions and Non-Institutions held 17.13% and 7.84% respectively.

Netweb Technologies India (Netweb) has launched its latest state-of-the-art, Make-in-India range of servers. The single/dual Socket server platforms are designed to harness the robust capabilities of the latest 4th Gen AMD EPYC processors. Available in 1U, 2U, 4U, workstations, and other models, these platforms are optimized to meet various demanding needs of high-performance computing environments and diverse workloads.

It also provides the added flexibility to configure systems differently in terms of I/O expansion and storage support. Moreover, these new offerings align with the Government of India’s Make in India initiative to accelerate innovation and build best-in-class- manufacturing capabilities, designed and build in India. The new server models support dual AMD EPYC 9004 Series going up to 256 cores, offering impressive computational performance for the most intensive and wide range of workloads. With support for up to 6TB memory, they offer substantial scalability in memory capacity, ensuring the servers can easily oversee large datasets, in memory computing and complex applications

Netweb Technologies is one of the country's leading high-end computing solutions (HCS) providers. It is one of the few original equipment manufacturers (OEMs) in the country and is a recipient of production-linked incentives schemes of the Government of India.