Analysts said that today's correction in Netweb Technologies appears to be driven by announcement that its board will consider a fund-raising proposal, raising concerns over potential equity dilution.
Netweb Technologies shares slipped 8% to Rs 4561.65 in the current session against the previous close of Rs 4944.25.
Shares of Wipro, MTAR Technologies and Netweb Technologies slipped up to 8% in early deals on Monday amid weakness in the broader market. Shares of IT major Wipro fell 6% on Monday after the stock ...
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