The IT stock slipped 7.5% to Rs 3760 in the current session against the previous close of Rs 4065.45. Market cap of the IT firm slipped to Rs 21,690 crore.
Netweb Technologies’ stock fell up to 8% on May 4 despite reporting an 86% year-on-year jump in Q4 revenue and a 66% rise in net profit. Analysts attributed the drop to high valuations and margin ...