Netweb rises 10% on DeepSeek’s impact assessment; had fallen 48% in 3 weeks

Shares of Netweb Technologies India (Netweb) locked in upper circuit of 10 per cent at Rs 1,605.35 on the BSE in Wednesday’s intra-day trade after the company said the emergence of DeepSeek – a new artificial intelligence (AI) large language model (LLM) platform is a significant opportunity for its business growth.

Till 1:00 PM, a combined 783,000 equity shares changed hands and there were pending buy orders for around 110,000 shares on the NSE and BSE.