Larsen & Toubro-Backed AI-Stock Locked in Upper Circuit After Receiving Order of Rs 177 Crore from Government of India

DSIJ Intelligence-1 / 03 Sep 2025/ Categories: Multibaggers, Trending

The stock is up by 44 per cent from its 52-week low of Rs 1,710.05 per share and has given multibagger returns of over 10,000 per cent in 5 years.

On Wednesday, shares of E2E Networks Ltd hit a 10 per cent upper circuit to Rs 2,643 per share from its previous closing of Rs 2,403.10 per share. The stock’s 52-week high is Rs 5,487.65 per share and its 52-week low of Rs 1,710.05 per share.

E2E Networks Ltd. has received a significant domestic order from the IndiaAI Mission, a division of the Ministry of Electronics and Information Technology, Government of India. The order, valued at approximately Rs 177 crore, is for the immediate allocation of high-performance GPU resources, specifically H100 SXM and H200 SXM GPUs, to GNANI AI. The purpose of this allocation is to facilitate the development of India's foundational AI model.

The contract specifies the provision of these GPUs for a period of 360 days, totalling 12,994,560 GPU hours. The resources are required to be provided with an IB network on a single fabric. This engagement is a major milestone for E2E Networks, as it reinforces the company's position within India's national AI infrastructure and plays a crucial role in supporting the nation's broader AI development goals.

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About the Company

E2E Networks Ltd is an NSE-listed, MeitY-empanelled AI-focused cloud provider. The company offers advanced cloud GPUs such as HGX H100, A100, and L4OS, along with high-end InfiniBand-powered configurations like 64xH100 and 256xH100. E2E Cloud also features an advanced AI development platform, TIR, enabling developers to train and deploy foundational AI models. Serving nearly 3000 customers, E2E Cloud is recognised as one of the most highly rated cloud providers in India.

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The company has a market cap of over Rs 5,280 crore with an ROE of 37 per cent and an ROCE of 25 per cent. The stock is up by 44 per cent from its 52-week low of Rs 1,710.05 per share and has given multibagger returns of over 10,000 per cent in 5 years.

Disclaimer: The article is for informational purposes only and not investment advice.