Synopsis:
Goldman Sachs Asset Management International and associates reduced their stake in Netweb Technologies from 5.48% to 3.42% via open market sales, signaling portfolio rebalancing amid ongoing strong company growth. The stake sale involved multiple Goldman Sachs entities acting in concert.
The company, known for providing advanced supercomputing systems, witnessed a notable development as a major institutional investor trimmed its holding. Despite this Asset Management reducing its stake, the stock remained resilient, continuing to trade over 5% higher
Netweb Technologies India Limited’s stock, with a market capitalisation of Rs. 17,668 crores, rose to Rs. 3,197, hitting a high of up to 5.24 percent from its previous closing price of Rs. 3,037.70. Furthermore, the stock over the past year has given a return of 17 percent.
Stake Reduction Details
As per a stock exchange disclosure, GSAMI and its associated entities cut their stake in Netweb Technologies from 5.48% to 3.42% through an open market sale on September 16, where they sold 11,34,042 11,34,042 equity shares.
Before the sale, Goldman owned 30,73,077 equity shares, which was a 5.48% stake in the company. After selling some shares, their holding came down to 19,39,035 equity shares, reducing their stake to 3.42%.
This reduction in ownership was carried out by several Goldman Sachs entities working together, including Goldman Sachs Asset Management International, Goldman Sachs Asset Management L.P, Goldman Sachs Asset Management B.V, and Goldman Sachs Asset Management (Singapore) Pte. Ltd.
| Company Name | Equity Shares | % Holdings |
| Goldman Sachs Asset Management International | 13,29,280 | 2.35% |
| PAC – Goldman Sachs Asset Management, L.P | 6,04,770 | 1.07% |
| PAC – Goldman Sachs Asset Management B.V | 710 | 0.001 |
| PAC – Goldman Sachs Asset Management (Singapore) Pte. Ltd. | 4,275 | 0.01% |
| Total | 19,39,035 | 3.42% |
The seller, along with persons acting in concert (PAC), sold 1,001,046 shares (1.77%) between 28th July 2023 and 15th September 2025 in multiple tranches, and an additional 132,996 shares (0.24%) on 16th September 2025. In total, 1,134,042 shares were sold, and along with the company’s new share issuance since the last disclosure, the seller’s shareholding changed by 2.002%.
Q1 Financial Highlight
The company reported revenue of Rs. 301 crore in Q1FY26, up 102% YoY from Rs. 149 crore in Q1FY25 but down 27% QoQ from Rs. 415 crore in Q4FY25. Profit for the quarter stood at Rs. 30 crore, doubling YoY from Rs. 15 crore in Q1FY25 but declining 30% sequentially from Rs. 43 crore in the previous quarter.
Over the last three years, the company has delivered strong growth, with profit CAGR of 72% and sales CAGR of 67%, supported by healthy operational performance. Moreover, the 3-year ROE CAGR of 29% underlines efficient use of capital, reflecting the firm’s ability to maintain high profitability levels despite quarterly fluctuations.
Written By Fazl Ul Vahab C H
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
