Netweb Technologies Share Price Falls 3% in AI Selloff on June 23; Orient Tech, E2E Networks Decline; Black Box Bucks Trend
- June 23, 2026
- Posted by: Ankit Jaiswal
- Category: News
Netweb Technologies share price: Rs 4,954.60 (-3.06%). Orient Tech Rs 253.15 (-1.59%), E2E Networks Rs 438 (-2.03%) in AI selloff. Black Box Rs 1,007 (+2.59%) bucks trend.
Netweb Technologies share price is at Rs 4,954.60, down 3.06% from its previous close of Rs 5,111.10 on June 23, 2026, as the global AI technology selloff triggered by the South Korean Kospi crash (-5.69%) and the broader reassessment of artificial intelligence infrastructure valuations spreads to Indian AI-adjacent technology stocks. Orient Technologies is down 1.59% to Rs 253.15 (prev close Rs 257.25) and E2E Networks is falling 2.03% to Rs 438 (prev close Rs 447.10). The Netweb Technologies share price decline is the sharpest among the three, having hit a session high of Rs 5,175 and a session low of Rs 4,910, reflecting significant intraday volatility. Against this trend, Black Box is bucking the sector weakness with a 2.59% gain to Rs 1,007.40 (prev close Rs 982).
The correlation between Netweb Technologies share price and the global AI sentiment is well-established: Netweb is India’s leading manufacturer of high-performance computing servers and AI workstations, and investor sentiment for the stock tracks closely with AI capex expectations globally. When AI-related stocks in South Korea (SK Hynix, Samsung) sell off on macro or valuation concerns, the negative sentiment typically spreads to Indian companies in the AI supply chain, including Netweb. Ankit Jaiswal, Senior Research Analyst at Univest notes that the Netweb Technologies share price correction today is primarily sentiment-driven rather than a reflection of any company-specific negative development.
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AI Tech Stocks Performance June 23
| Stock | Price (Rs) | Prev Close | Change | % Change | Direction |
|---|---|---|---|---|---|
| Netweb Technologies | 4,954.60 | 5,111.10 | -156.50 | -3.06% | Down |
| E2E Networks | 438.00 | 447.10 | -9.10 | -2.03% | Down |
| Orient Technologies | 253.15 | 257.25 | -4.10 | -1.59% | Down |
| Black Box | 1,007.40 | 982.00 | +25.40 | +2.59% | Up (bucking trend) |
Stock-Wise Analysis
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1. Netweb Technologies Share Price: AI Server Maker Feels Global Headwinds
The Netweb Technologies share price at Rs 4,954.60 is down 3.06% in today’s session, having swung from a high of Rs 5,175 to a low of Rs 4,910 — a range of Rs 265, or over 5% intraday, reflecting elevated volatility. Netweb Technologies is India’s primary manufacturer of high-performance AI servers, supercomputers, and GPU-powered workstations, making it one of the most directly AI-linked listed companies on Indian exchanges. The global AI trade unwinding today, triggered by the Kospi crash and MSCI Korea exclusion news, has created a risk-off environment for all AI-adjacent technology stocks. Netweb Technologies share price is down despite no company-specific news, purely on global sentiment contagion.
2. E2E Networks: Cloud Infrastructure in the Crossfire
E2E Networks is down 2.03% to Rs 438, having touched a session low of Rs 424.80 (which appears to be the lower circuit limit). E2E Networks is India’s domestic cloud computing provider, offering GPU cloud services for AI model training and inferencing to Indian enterprises and AI startups. The stock’s decline today reflects the broader AI capex sentiment concern: if global AI infrastructure spending growth slows, demand for Indian cloud GPU capacity could moderate, which is the narrative weighing on E2E Networks today even though the company’s domestic demand pipeline remains robust.
3. Orient Technologies: IT Infra Services Under Pressure
Orient Technologies is down 1.59% to Rs 253.15, the smallest decline among the AI-adjacent names today. Orient Technologies provides IT infrastructure services including data centre solutions, storage, networking, and AI-enabling hardware to enterprise clients. The stock’s relative outperformance within the group (declining the least) reflects its broader IT infrastructure client base, which is not exclusively dependent on AI capex. Orient Technologies’ diversification across IT services, cybersecurity, and data centre management provides some buffer against pure AI sentiment swings.
4. Black Box: Value-Added IT Services Buck the AI Tech Selloff
Black Box is the standout outperformer in this group today, rising 2.59% to Rs 1,007.40 and hitting a session high of Rs 1,017.30. Black Box provides global IT infrastructure services including network infrastructure, unified communications, and data centre services to enterprise clients across 150+ countries. Unlike Netweb, E2E Networks, and Orient Technologies whose business narratives are closely linked to AI infrastructure spending, Black Box’s revenue is more diversified across IT services and networking, insulating it from the pure AI sentiment selloff. The stock’s gain today is also supported by above-average volume of 5.35 lakh shares, suggesting institutional buying.
Conclusion
Netweb Technologies share price is at Rs 4,954.60 (-3.06%) on June 23, 2026, part of a broader AI tech selloff that is also pulling down E2E Networks (-2.03%) and Orient Technologies (-1.59%). Black Box (+2.59%) is the clear outperformer, benefiting from its broader IT services exposure. The Netweb Technologies share price weakness today is sentiment-driven and should be evaluated in the context of the global AI trade unwinding rather than any company-specific fundamental change. Track all these stocks live on Univest. Consult a SEBI-registered financial advisor before investing.
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Disclaimer: All data and stock prices are sourced from publicly available information and live exchange feeds as of June 23, 2026. Please verify with NSE (nseindia.com) and BSE (bseindia.com) before investing. Investments in securities are subject to market risk. Educational content only. Not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions
Why is Netweb Technologies share price falling today?
Ans. Netweb Technologies share price is falling 3.06% to Rs 4,954.60 on June 23, 2026, as the global AI technology selloff sparked by South Korea’s Kospi crash (-5.69%) spreads to Indian AI-adjacent stocks. Netweb is India’s leading AI server manufacturer and tracks global AI capex sentiment closely. No company-specific negative news has been identified.
What is Netweb Technologies share price today?
Ans. Netweb Technologies share price is Rs 4,954.60 on June 23, 2026, down 3.06% (-Rs 156.50) from the previous close of Rs 5,111.10. The session range was Rs 4,910 (low) to Rs 5,175 (high), reflecting high intraday volatility on the global AI sentiment shift.
What does Netweb Technologies do?
Ans. Netweb Technologies India Ltd (NSE: NETWEB) manufactures high-performance computing servers, supercomputers, AI workstations, and GPU-powered computing systems for enterprise, government, and research clients. It is India’s leading domestic AI server maker and one of the most direct AI-investment proxies among listed Indian technology companies.
Why is Black Box rising while Netweb Technologies share price falls?
Ans. Black Box is gaining 2.59% today while Netweb Technologies share price falls 3.06% because Black Box’s business is diversified across global IT infrastructure services (networking, unified communications, data centres) rather than being concentrated in AI server manufacturing. Black Box is less sensitive to pure AI capex sentiment swings, enabling it to outperform when AI-specific stocks sell off.
What is E2E Networks?
Ans. E2E Networks (NSE: E2E) is India’s domestic GPU cloud computing provider, offering AI model training and inferencing infrastructure to enterprises and startups. The stock is down 2.03% to Rs 438 today as AI infrastructure sentiment turns cautious following the global AI trade unwinding triggered by the Kospi crash.
What is Orient Technologies?
Ans. Orient Technologies (NSE: ORIENTTECH) provides IT infrastructure services including data centre solutions, storage, networking, and AI-enabling hardware to enterprise clients. The stock is down 1.59% to Rs 253.15 today, the smallest decline among the AI-adjacent stocks, reflecting its broader IT services diversification.
What is the global AI selloff about?
Ans. The global AI selloff on June 23, 2026 is driven by South Korea’s Kospi crash (-5.69%), triggered by the country’s exclusion from MSCI’s Developed Markets index and overnight US technology stock losses. South Korea’s semiconductor giants (SK Hynix, Samsung) fell sharply, spreading negative sentiment to all AI infrastructure stocks globally, including Netweb Technologies share price in India.
Should I buy Netweb Technologies share price on the dip?
Ans. Whether the Netweb Technologies share price dip is a buying opportunity depends on the investor’s view on the long-term AI infrastructure capex cycle and the stock’s valuation. Today’s decline appears sentiment-driven rather than fundamental. However, with no company-specific news driving the fall, a recovery depends on global AI sentiment stabilising. Consult a SEBI-registered financial advisor before investing.
