Netweb Technologies share price: Netweb Technologies shares extended their losing streak on Friday, November 6, falling more than 7% and marking their seventh consecutive session of losses. The stock has shed over 15% during this period, as selling pressure in artificial intelligence (AI) and technology stocks globally, concerns over expensive valuations and a slight moderation in profit margins weighed on investor sentiment.
Netweb Technologies fell as much as 7.6% to an intraday low of ₹3,717 per share. The AI stock is now around 38% below its 52-week high of ₹5,810, touched in August 2026. Its 52-week low stands at ₹2,942.45, recorded in December last year.
The recent correction comes on the back of its weak performance across multiple timeframes. Netweb Technologies shares have declined 10% in one week, 21% in one month, 22% in three months and 14% in six months. However, the stock has gained 13% over the past year.
One of the key factors weighing on Netweb Technologies is the global sell-off in artificial intelligence and technology stocks. The company is seen as a domestic infrastructure play on the broader AI investment theme, making its shares sensitive to changes in global sentiment towards the sector.
Institutional investors have increasingly turned cautious on the crowded AI trade amid concerns over higher global borrowing costs and whether large technology companies will generate sufficient returns from their massive investments in AI infrastructure. Any moderation in spending expectations or a shift away from high-growth technology stocks can affect companies linked to the AI ecosystem, including Netweb.