Netweb Technologies Share Price: 72.1% CAGR in 3 Years as This Recent Listing Takes On Dixon Technologies and Syrma SGS
- November 5, 2026
- Posted by: Ankit Jaiswal
- Category: Best Stocks
Netweb Technologies Share Price: 72.1% CAGR in 3 Years as This Recent Listing Takes On Dixon Technologies and Syrma SGS
Netweb Technologies previous close Rs 4,062.30. 3-year CAGR 72.1%. Up 5.1x since 3 Nov 2023. ROE 17.39%. Market cap Rs 24,158 crore.
Quick Answer
The Netweb Technologies share price closed at Rs 4,062.30 on 4 November 2026, a compounded annual return of 72.1% over three years. That compares with Syrma SGS Technology at 43.7% and Dixon Technologies at 32.6%. The company has a market cap of Rs 24,158 crore and a P/E of 66.02 against an industry P/E of 34.31.
The Netweb Technologies share price has been one of the strongest compounders in Indian technology hardware since the company listed in mid 2023. Netweb Technologies India designs and builds high performance computing and AI servers, a niche that sits quite far from the phone and appliance assembly that made Dixon Technologies famous.
This article puts numbers on the gap. We calculate the three-year CAGR for Netweb Technologies, Syrma SGS Technology and Dixon Technologies, and place the results beside market cap, valuation and return on equity. All prices are adjusted for corporate actions, so the comparison is on equal terms.
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How Much Has the Netweb Technologies Share Price Returned in 3 Years?
The Netweb Technologies stock closed at Rs 796.90 on 3 November 2023 and at Rs 4,062.30 on 4 November 2026. Rs 1 lakh invested three years ago would have grown to about Rs 5.10 lakh, which is a CAGR of 72.1%. This is a price return and leaves out dividends.
CAGR condenses a bumpy three-year ride into one yearly number, which is why it is the fairest way to compare companies of different sizes. A stock such as Netweb Technologies can look spectacular on a chart and still have earned a modest yearly return, so the compounded figure keeps the comparison honest.
The Netweb Technologies share price has also been shaped by the surge in demand for AI computing capacity in India, which has pulled attention toward domestic server makers. A young listing with a narrow product focus tends to move in bigger swings, so the CAGR hides a bumpy path.
Netweb Technologies vs Syrma SGS Technology and Dixon Technologies: 3-Year CAGR Compared
The table ranks the companies by three-year CAGR. Prices on 3 November 2023 are adjusted for splits and bonuses, and the latest figures are the previous close on 4 November 2026.
| Company | Close on 3 Nov 2023 | Previous close (4 Nov 2026) | Price multiple | 3-year CAGR |
|---|---|---|---|---|
| Netweb Technologies India | Rs 796.90 | Rs 4,062.30 | 5.1x | 72.1% |
| Syrma SGS Technology | Rs 510.00 | Rs 1,512.60 | 3.0x | 43.7% |
| Dixon Technologies | Rs 5,274.20 | Rs 12,290.00 | 2.3x | 32.6% |
The Netweb Technologies stock leads the group at 72.1%, followed by Syrma SGS Technology at 43.7% and Dixon Technologies at 32.6%. Netweb sits at the top of the three, with Syrma SGS second and Dixon third. Dixon is the largest company by far, so its lower percentage return came on a much bigger base of capital.
Look at the Netweb Technologies share price alongside the peers as a snapshot of the last three years. It describes what happened, and valuation and earnings will decide what happens next.
Valuation and Quality Compared
| Company | Market cap | P/E | Industry P/E | ROE | Debt to equity |
|---|---|---|---|---|---|
| Dixon Technologies | Rs 75,057 crore | 42.96 | 44.22 | 26.38% | 0.21 |
| Syrma SGS Technology | Rs 29,119 crore | 63.37 | 67.91 | 13.85% | 0.27 |
| Netweb Technologies India | Rs 24,158 crore | 66.02 | 34.31 | 17.39% | 0.16 |
By market cap, Dixon Technologies is the largest of the group at Rs 75,057 crore, while the Netweb Technologies stock stands at Rs 24,158 crore, about 32% of that size. On earnings, Netweb Technologies shares trade at a P/E of 66.02 against an industry P/E of 34.31, a premium of about 92%, which signals that the market expects faster earnings growth. Peer multiples are Syrma SGS Technology at 63.37 and Dixon Technologies at 42.96.
Return on equity is 17.39% for the Netweb Technologies stock, which ranks second among the three, and debt to equity stands at 0.16. Trailing EPS is Rs 61.55. A premium multiple is typical for companies expected to ride a structural demand theme, and it also means that quarterly results carry extra weight for the stock.
What Is Driving the Netweb Technologies Stock?
Netweb Technologies India is a Faridabad-based designer and manufacturer of high performance computing systems, AI and machine learning servers, private cloud platforms and storage, sold largely under the Tyrone brand. It builds in India and serves government research bodies, enterprises and data centre operators.
The company benefits from policy support for domestic manufacturing of IT hardware and from rising spend on supercomputing and AI infrastructure. Orders tend to be large and project-based, so revenue can be lumpy from quarter to quarter even when the longer trend is upward.
Followers of the Netweb Technologies share price usually track the order book, the share of AI systems in revenue, and working capital, because server projects need inventory and funding before customers pay.
How the Established Players Stack Up
Syrma SGS Technology is a diversified electronics manufacturing services company serving automotive, industrial, healthcare and consumer customers. It compounded at 43.7% a year, on a market cap of Rs 29,119 crore and a P/E of 63.37.
Dixon Technologies is the largest electronics manufacturer in the group by market cap, with a base in mobile phones, televisions and home appliances. It earns the highest ROE of the three at 26.38% and compounded at 32.6% a year.
What Should Investors Track Next?
Three things are worth watching on the Netweb Technologies share price. First, the conversion of its order book into revenue. Second, margins on higher-value AI systems compared with standard servers. Third, how quickly its manufacturing capacity expands to match demand.
At a P/E of 66, expectations are demanding, and smaller technology companies react sharply to results. A three-year CAGR describes the past, so size any position with that in mind.
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How to Compare It Hardware Stocks Yourself
You can repeat this exercise for any pair of stocks, including the Netweb Technologies stock against its peers. Note the adjusted closing price on the base date, take the latest close, divide one by the other, raise the result to the power of one third and subtract one. Then place the CAGR next to market cap, P/E against the industry P/E, ROE and debt to equity. Benchmark the result against the Nifty 50 as well, so you know whether the stock beat the broader market.
A stock that scores well on growth but weakly on quality, or the reverse, deserves closer study before it enters a portfolio. When tracking the Netweb Technologies share price, the same four checks give a more complete picture than price alone.
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A Young AI Hardware Name With Strong Momentum
The Netweb Technologies share price compounded at 72.1% a year over three years, ahead of Syrma SGS at 43.7% and Dixon at 32.6%. The return reflects a smaller base and a strong demand theme.
Dixon offers scale and the highest ROE, Syrma offers diversification, and Netweb offers a focused play on AI computing. Matching the choice to your risk appetite matters more than the highest number in the table.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is the Netweb Technologies share price today?
Ans. Netweb Technologies India closed at Rs 4,062.30 on 4 November 2026, according to NSE data. It has a market cap of Rs 24,158 crore and a P/E of 66.02. Check live quotes before acting, as prices change every trading day.
What is the 3-year CAGR of the Netweb Technologies stock?
Ans. Netweb Technologies India delivered a price CAGR of 72.1% over three years, moving from Rs 796.90 on 3 November 2023 to Rs 4,062.30 on 4 November 2026. The figure excludes dividends and uses adjusted closing prices.
Is Netweb Technologies better than Dixon Technologies?
Ans. The Netweb stock delivered a higher three-year CAGR at 72.1% than Dixon at 32.6%. Dixon is far larger by market cap and has a higher ROE of 26.38% with a lower P/E of 42.96. Better depends on whether you prefer growth or scale.
What does Netweb Technologies India do?
Ans. Netweb Technologies India is a Faridabad-based maker of high performance computing, AI servers, private cloud systems and storage, sold mainly under the Tyrone brand.
Is the Netweb Technologies stock debt free?
Ans. The debt to equity ratio of the Netweb Technologies stock is 0.16 and its return on equity is 17.39%. Always check the latest balance sheet for current figures, as debt levels change with expansion plans.
Is Netweb Technologies expensive compared with the industry?
Ans. Netweb Technologies trades at a P/E of 66.02 against an industry P/E of 34.31. A higher multiple reflects expectations of faster growth, which the company must deliver through earnings.
Which IT hardware stock gave the highest return in 3 years?
Ans. Among the companies compared here, Netweb Technologies India delivered the highest three-year CAGR at 72.1%, followed by Syrma SGS Technology at 43.7%. Past returns do not guarantee future performance.
How do I calculate CAGR for a stock?
Ans. Divide the latest price by the starting price, raise the result to the power of one divided by the number of years, and subtract one. Multiply by 100 for a percentage. Use split and bonus adjusted prices for accurate results.
