Shares of artificial intelligence (AI)-related stocks jumped up to 20 per cent on February 18 amid the ongoing AI Impact Summit 2026.
Among the top gainers, E2E Networks rallied up to 20 per cent to hit its upper circuit at Rs 3,068.20 per share. The stock, however, pared some of its intraday gains in the latter half of the session, settling with 11.50 per cent gains at Rs 2,850.40 apiece by the close.
Following it Netweb Technologies, surged as much as 14 per cent to hit an intaday high of Rs 3,525, before settling with 8.90 per cent gains at Rs 3,374.
Aurionpro Solutions shares also surged as much as 9.50 per cent to the day high at Rs 1,022 per share. However, it closed with 4.90 per cent gains at Rs 979.55 apiece.
The surge in AI-linked stocks cames amid the ongoing India AI Impact Summit 2026 at Bharat Mandapam in New Delhi. The five-day summit, which started on February 16 and will conclude on February 20, is one of the world's leading forums on AI policy and governance.
The summit is currently witnessing participation from over 500 global leaders in the field, including CEOs and CXOs, along with nearly 100 founders and chief executives from technology companies. Around 150 academicians and researchers are taking part, in addition to more than 400 technology leaders such as CTOs and vice presidents, as well as representatives from philanthropic organisations.
The event is also seeing strong government representation, with over 100 officials in attendance, including more than 20 heads of state and government and nearly 60 ministers and vice ministers from across countries.
E2E Networks Hits 20%, Then Pares Half Of Gains – Here’s What Happened
E2E Networks, which provides cloud infrastructure with high-performance GPU computing, enterprise cloud platforms and managed services for AI and ML workloads, saw strong buying interest after reports emerged that it partnered with the US-based AI chip-making giant Nvidia.
In a blog post on its website published earlier this morning, Nvidia said it is “collaborating with next‑generation cloud providers Yotta, L&T and E2E Networks to deliver advanced AI factories to meet India’s growing need for AI compute and enable it to develop AI models and services that drive innovation”.
The selling pressure came after the company clarified that that company has an existing relationship with Nvidia and that it didn’t enter any new agreement with the AI chipmaker.
“No new negotiations, binding agreements, partnerships, or arrangements with Nvidia or any other party, beyond what was disclosed in the aforesaid press release and transcript, have been entered into by the company,” it said in its filing to NSE.
E2E Networks further said that the announcement of the partnership with Nvidia was already disclosed to the exchanges on January 9, 2026.“The company submits that the news article does not result in any additional material impact on the operations or financial position of the company beyond what was already disclosed to stock exchange,” it said.
According to details shared by Nvidia, E2E Networks is setting up a Blackwell-based GPU cluster on its TIR platform, with the infrastructure being hosted at the L&T Vyoma Data Center in Chennai.
“The TIR cloud compute platform will feature NVIDIA HGX B200 systems and NVIDIA Enterprise software as well as NVIDIA Nemotron open models to supercharge sovereign development across agentic AI, healthcare, finance, manufacturing and agriculture,” the AI giant said in its blog post.
Netweb Launches AI supercomputing Solutions Powered By Nvidia Tech
Buying interest in Netweb Technologies came after it announced in an exchange filing that it has launched a ‘Make in India’ AI supercomputing solutions, including the Tyrone Camarero GB200 system and the compact Tyrone Camarero Spark, as it expands its presence in advanced computing infrastructure.
The systems run on technologies from Nvidia and are designed to help enterprises and developers build, fine-tune and run large models on-premises.
