Newgen Software Tech
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July 16 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES JUNE-QUARTER CONSOL NET PROFIT 628.2 MILLION RUPEES
NEWGEN SOFTWARE TECHNOLOGIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.57 BILLION RUPEES
Source text: ID:nBSEbc62Pq
Further company coverage: NEWG.NS
(([email protected];))
July 16 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES JUNE-QUARTER CONSOL NET PROFIT 628.2 MILLION RUPEES
NEWGEN SOFTWARE TECHNOLOGIES JUNE-QUARTER CONSOL REVENUE FROM OPERATIONS 3.57 BILLION RUPEES
Source text: ID:nBSEbc62Pq
Further company coverage: NEWG.NS
(([email protected];))
July 2 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES - APPOINTS TARUN NANDWANI AS CEO AND KMP EFFECTIVE AUGUST 1, 2026 FOR 18 MONTHS
Source text: ID:nBSE8wr36p
Further company coverage: NEWG.NS
(([email protected];))
July 2 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES - APPOINTS TARUN NANDWANI AS CEO AND KMP EFFECTIVE AUGUST 1, 2026 FOR 18 MONTHS
Source text: ID:nBSE8wr36p
Further company coverage: NEWG.NS
(([email protected];))
Newgen Software Technologies disclosed that Chairman and Managing Director Diwakar Nigam has been unavailable to perform his role regularly for more than 45 days in the rolling 90-day period ending June 2026 due to pneumonitis-related health issues. Mr. Nigam was hospitalised intermittently in May and June 2026. The company made the disclosure under SEBI Listing Regulations, which require notification of prolonged indisposition of key managerial personnel. The board approved the intimation via circular resolution on 30 June. Newgen added that Mr. Nigam remained available for certain crucial meetings and key decisions, while existing whole-time directors have been attending to day-to-day matters to ensure business continuity.
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Newgen Software Technologies disclosed that Chairman and Managing Director Diwakar Nigam has been unavailable to perform his role regularly for more than 45 days in the rolling 90-day period ending June 2026 due to pneumonitis-related health issues. Mr. Nigam was hospitalised intermittently in May and June 2026. The company made the disclosure under SEBI Listing Regulations, which require notification of prolonged indisposition of key managerial personnel. The board approved the intimation via circular resolution on 30 June. Newgen added that Mr. Nigam remained available for certain crucial meetings and key decisions, while existing whole-time directors have been attending to day-to-day matters to ensure business continuity.
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June 30 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
RECEIVES RETAIL LOAN ORIGINATION CONTRACT VALUED AT USD 1.71 MILLION
Source text: ID:nBSE3hmpWB
Further company coverage: NEWG.NS
(([email protected];))
June 30 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
RECEIVES RETAIL LOAN ORIGINATION CONTRACT VALUED AT USD 1.71 MILLION
Source text: ID:nBSE3hmpWB
Further company coverage: NEWG.NS
(([email protected];))
June 29 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
GETS ORDER WORTH 155.9 MILLION RUPEES
Source text: ID:nnAZN4T4YO1
Further company coverage: NEWG.NS
(([email protected];))
June 29 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
GETS ORDER WORTH 155.9 MILLION RUPEES
Source text: ID:nnAZN4T4YO1
Further company coverage: NEWG.NS
(([email protected];))
June 9 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES - VIRENDER JEET RESIGNS AS CHIEF EXECUTIVE OFFICER
Source text: ID:nBSE5xhmtX
Further company coverage: NEWG.NS
(([email protected];;))
June 9 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES - VIRENDER JEET RESIGNS AS CHIEF EXECUTIVE OFFICER
Source text: ID:nBSE5xhmtX
Further company coverage: NEWG.NS
(([email protected];;))
April 30 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES MARCH-QUARTER CONSOL NET PROFIT 1.06 BILLION RUPEES
NEWGEN SOFTWARE TECHNOLOGIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.53 BILLION RUPEES
NEWGEN SOFTWARE TECHNOLOGIES LTD - RECOMMENDS FINAL DIVIDEND OF 6 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: NEWG.NS
(([email protected];))
April 30 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES MARCH-QUARTER CONSOL NET PROFIT 1.06 BILLION RUPEES
NEWGEN SOFTWARE TECHNOLOGIES MARCH-QUARTER CONSOL REVENUE FROM OPERATIONS 4.53 BILLION RUPEES
NEWGEN SOFTWARE TECHNOLOGIES LTD - RECOMMENDS FINAL DIVIDEND OF 6 RUPEES PER SHARE
Source text: [ID:]
Further company coverage: NEWG.NS
(([email protected];))
April 1 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES LTD - UNIT ENTERS AGREEMENT WITH INSURANCE COMPANY IN ILLINOIS, US
NEWGEN SOFTWARE TECHNOLOGIES LTD - AGGREGATE VALUE OF AGREEMENT IS $1.6 MILLION
Source text: ID:nBSE3jsSmm
Further company coverage: NEWG.NS
(([email protected];))
April 1 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES LTD - UNIT ENTERS AGREEMENT WITH INSURANCE COMPANY IN ILLINOIS, US
NEWGEN SOFTWARE TECHNOLOGIES LTD - AGGREGATE VALUE OF AGREEMENT IS $1.6 MILLION
Source text: ID:nBSE3jsSmm
Further company coverage: NEWG.NS
(([email protected];))
Feb 4 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
EXECUTES AGREEMENT VALUED AT AED 5.3 MILLION
Source text: ID:nBSE1V8c35
Further company coverage: NEWG.NS
(([email protected];;))
Feb 4 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
EXECUTES AGREEMENT VALUED AT AED 5.3 MILLION
Source text: ID:nBSE1V8c35
Further company coverage: NEWG.NS
(([email protected];;))
**Shares of Newgen Software Technologies NEWG.NS rise as much as 4.7% to 658.15 rupees; set to snap 8 days of loss
**Software solutions provider's shares slumped 14.5% on Tuesday after it posted consolidated net profit of 628.2 million rupees; 29.4% lower year-on-year
**Jefferies upgrades stock to "Buy" from "Underperform" as it says growth pressures are priced in after a 60% drop in last 12 months
** License sales have declined in FY26 on a high base and should normalize in FY27
**Brokerage says AI-driven productivity could boost margins; says co's expects GenAI to deliver 20-30% productivity gains in software engineering over the next 2-3 years, which should help lower costs
**Stock fell 50.3% in 2025
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
**Shares of Newgen Software Technologies NEWG.NS rise as much as 4.7% to 658.15 rupees; set to snap 8 days of loss
**Software solutions provider's shares slumped 14.5% on Tuesday after it posted consolidated net profit of 628.2 million rupees; 29.4% lower year-on-year
**Jefferies upgrades stock to "Buy" from "Underperform" as it says growth pressures are priced in after a 60% drop in last 12 months
** License sales have declined in FY26 on a high base and should normalize in FY27
**Brokerage says AI-driven productivity could boost margins; says co's expects GenAI to deliver 20-30% productivity gains in software engineering over the next 2-3 years, which should help lower costs
**Stock fell 50.3% in 2025
(Reporting by Mridula Kumar in Bengaluru)
(([email protected];))
Jan 20 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
DEC-QUARTER CONSOL NET PROFIT 628.2 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4 BILLION RUPEES
Source text: [ID:]
Further company coverage: NEWG.NS
(([email protected];))
Jan 20 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
DEC-QUARTER CONSOL NET PROFIT 628.2 MILLION RUPEES
DEC-QUARTER CONSOL REVENUE FROM OPERATIONS 4 BILLION RUPEES
Source text: [ID:]
Further company coverage: NEWG.NS
(([email protected];))
Dec 15 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
RECEIVES ORDER WORTH 165.3 MILLION RUPEES
Source text: ID:nnAZN4RFB2R
Further company coverage: NEWG.NS
(([email protected];))
Dec 15 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
RECEIVES ORDER WORTH 165.3 MILLION RUPEES
Source text: ID:nnAZN4RFB2R
Further company coverage: NEWG.NS
(([email protected];))
Nov 18 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES - UNIT EXECUTES MASTER SERVICE AGREEMENT
NEWGEN SOFTWARE TECHNOLOGIES LTD - AGREEMENT VALUE IS 1.5 MILLION POUNDS
Source text: ID:nNSE8bVs3T
Further company coverage: NEWG.NS
(([email protected];;))
Nov 18 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES - UNIT EXECUTES MASTER SERVICE AGREEMENT
NEWGEN SOFTWARE TECHNOLOGIES LTD - AGREEMENT VALUE IS 1.5 MILLION POUNDS
Source text: ID:nNSE8bVs3T
Further company coverage: NEWG.NS
(([email protected];;))
Oct 1 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
UNIT ENTERS AGREEMENT WITH U.S. HEALTHCARE COMPANY
AGREEMENT VALUED AT $2.6 MILLION
Source text: ID:nNSE6vcmLz
Further company coverage: NEWG.NS
(([email protected];;))
Oct 1 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
UNIT ENTERS AGREEMENT WITH U.S. HEALTHCARE COMPANY
AGREEMENT VALUED AT $2.6 MILLION
Source text: ID:nNSE6vcmLz
Further company coverage: NEWG.NS
(([email protected];;))
** Newgen Software Technologies NEWG.NS down 5.78% at 1028.8 rupees after Q1 results
** Co's net profit and revenue from operations decline 54% and 25.4%, respectively, quarter-on-quarter, though both up 4.5% and 1.8%, respectively, y/y
** Co reports EBIDTA of about 450 mln rupees, down 5.6% y/y and 67% q/q
** YTD, NEWG shares down 39.8%
(Reporting by Ananta Agarwal in Bengaluru)
** Newgen Software Technologies NEWG.NS down 5.78% at 1028.8 rupees after Q1 results
** Co's net profit and revenue from operations decline 54% and 25.4%, respectively, quarter-on-quarter, though both up 4.5% and 1.8%, respectively, y/y
** Co reports EBIDTA of about 450 mln rupees, down 5.6% y/y and 67% q/q
** YTD, NEWG shares down 39.8%
(Reporting by Ananta Agarwal in Bengaluru)
** Shares of Newgen Software Technologies NEWG.NS jump 3.5% to 1,269 rupees
** IT services provider receives $2.5 million contract from an international client
** Order for enterprise workflow & content management system - NEWG
** Over 2.3 million shares traded, 1.2x 30-day moving avg
** Stock down 25% YTD
(Reporting by Rudra Pratap Singh in Bengaluru)
** Shares of Newgen Software Technologies NEWG.NS jump 3.5% to 1,269 rupees
** IT services provider receives $2.5 million contract from an international client
** Order for enterprise workflow & content management system - NEWG
** Over 2.3 million shares traded, 1.2x 30-day moving avg
** Stock down 25% YTD
(Reporting by Rudra Pratap Singh in Bengaluru)
June 4 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
GETS AWARD VALUED AT $2.5 MILLION
Source text: ID:nNSE1hRn0K
Further company coverage: NEWG.NS
(([email protected];))
June 4 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
GETS AWARD VALUED AT $2.5 MILLION
Source text: ID:nNSE1hRn0K
Further company coverage: NEWG.NS
(([email protected];))
** Newgen Software Technologies NEWG.NS jumps as much as 7% to 1,038.9 rupees; set to snap three-day losing streak
** Co wins $1.3 mln order for enterprise content management solution for five years
** Nearly 1.5 mln shares traded, ~3x the six-month avg volume
** ICICI Direct says co won multiple such mid-sized deals this quarter and "we believe these deals will help it achieve its aspirational revenue target of $500 million over the next three-four years"
** NEWG sheds 39% YTD
(Reporting by Vivek Kumar M)
(([email protected];))
** Newgen Software Technologies NEWG.NS jumps as much as 7% to 1,038.9 rupees; set to snap three-day losing streak
** Co wins $1.3 mln order for enterprise content management solution for five years
** Nearly 1.5 mln shares traded, ~3x the six-month avg volume
** ICICI Direct says co won multiple such mid-sized deals this quarter and "we believe these deals will help it achieve its aspirational revenue target of $500 million over the next three-four years"
** NEWG sheds 39% YTD
(Reporting by Vivek Kumar M)
(([email protected];))
Feb 1 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
GETS PURCHASE ORDER VALUED AT 129.2 MILLION RUPEES
Source text: ID:nBSE6BhNbH
Further company coverage: NEWG.NS
(([email protected];;))
Feb 1 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
GETS PURCHASE ORDER VALUED AT 129.2 MILLION RUPEES
Source text: ID:nBSE6BhNbH
Further company coverage: NEWG.NS
(([email protected];;))
Jan 23 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
UNIT RECEIVED PURCHASE ORDERS WORTH $3 MILLION
Source text: ID:nNSE8WdgXg
Further company coverage: NEWG.NS
(([email protected];;))
Jan 23 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
UNIT RECEIVED PURCHASE ORDERS WORTH $3 MILLION
Source text: ID:nNSE8WdgXg
Further company coverage: NEWG.NS
(([email protected];;))
** Shares of Newgen Software Technologies NEWG.NS fall 16.6% to 1,304 rupees, set for their worst day since October 2019
** Stock extends losses after 1% drop on Monday when reported Q3 rev growth at a nearly 3-year low
** Jefferies downgrades IT firm by two notches to "underperform" from "buy" after rev missed brokerage's estimates by 6%
** Says slowing annuity rev growth, which forms more than 55% of overall revenue, is a worry
** Adds current valuations not "favourable" and cuts PT to 1,240 rupees from 1,500 rupees
** Avg recommendation of three analysts tracking stock slumps to "sell" from "buy" after Jefferies' revision - LSEG
** More than 2 mln shares traded, 3.7x the 30-day avg volume
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of Newgen Software Technologies NEWG.NS fall 16.6% to 1,304 rupees, set for their worst day since October 2019
** Stock extends losses after 1% drop on Monday when reported Q3 rev growth at a nearly 3-year low
** Jefferies downgrades IT firm by two notches to "underperform" from "buy" after rev missed brokerage's estimates by 6%
** Says slowing annuity rev growth, which forms more than 55% of overall revenue, is a worry
** Adds current valuations not "favourable" and cuts PT to 1,240 rupees from 1,500 rupees
** Avg recommendation of three analysts tracking stock slumps to "sell" from "buy" after Jefferies' revision - LSEG
** More than 2 mln shares traded, 3.7x the 30-day avg volume
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of Newgen Software Technologies NEWG.NS rise 4.7% to 1,665 rupees
** The software co said Q3 consol net profit rose 30% to 890 mln rupees ($10.3 mln); rev from ops up ~18%
** Profit rose on strong demand across core India and Europe, Middle East and Africa markets
** Stock surged more than two-fold in 2024
($1 = 86.5130 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
** Shares of Newgen Software Technologies NEWG.NS rise 4.7% to 1,665 rupees
** The software co said Q3 consol net profit rose 30% to 890 mln rupees ($10.3 mln); rev from ops up ~18%
** Profit rose on strong demand across core India and Europe, Middle East and Africa markets
** Stock surged more than two-fold in 2024
($1 = 86.5130 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
(([email protected] ; ( +91 8078332441))
Jan 9 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES - EXECUTES AGREEMENT WITH USA HEALTHCARE CLIENT
NEWGEN SOFTWARE TECHNOLOGIES LTD - AGREEMENT VALUED AT $ 2,576,284 FOR INITIAL THREE YEARS
Source text: [ID:]
Further company coverage: NEWG.NS
(([email protected];))
Jan 9 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES - EXECUTES AGREEMENT WITH USA HEALTHCARE CLIENT
NEWGEN SOFTWARE TECHNOLOGIES LTD - AGREEMENT VALUED AT $ 2,576,284 FOR INITIAL THREE YEARS
Source text: [ID:]
Further company coverage: NEWG.NS
(([email protected];))
Dec 31 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES LTD - RECEIVES PURCHASE ORDER
NEWGEN SOFTWARE TECHNOLOGIES LTD - PURCHASE ORDER VALUED AT 209 MILLION RUPEES
Source text: ID:nBSE4LNpYH
Further company coverage: NEWG.NS
(([email protected];))
Dec 31 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES LTD - RECEIVES PURCHASE ORDER
NEWGEN SOFTWARE TECHNOLOGIES LTD - PURCHASE ORDER VALUED AT 209 MILLION RUPEES
Source text: ID:nBSE4LNpYH
Further company coverage: NEWG.NS
(([email protected];))
Dec 27 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES LTD - SUBSIDIARY RECEIVES ENGAGEMENT LETTER FOR DIGITAL LENDING PLATFORM
NEWGEN SOFTWARE TECHNOLOGIES LTD - AGGREGATE COMMERCIAL VALUE OF USD 2 MILLION
Source text: ID:nBSE2vPTw0
Further company coverage: NEWG.NS
(([email protected];))
Dec 27 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES LTD - SUBSIDIARY RECEIVES ENGAGEMENT LETTER FOR DIGITAL LENDING PLATFORM
NEWGEN SOFTWARE TECHNOLOGIES LTD - AGGREGATE COMMERCIAL VALUE OF USD 2 MILLION
Source text: ID:nBSE2vPTw0
Further company coverage: NEWG.NS
(([email protected];))
Dec 24 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES LTD - RECEIVES PURCHASE ORDER WORTH $2.3 MILLION
Source text: ID:nBSE3hlcnV
Further company coverage: NEWG.NS
(([email protected];))
Dec 24 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
NEWGEN SOFTWARE TECHNOLOGIES LTD - RECEIVES PURCHASE ORDER WORTH $2.3 MILLION
Source text: ID:nBSE3hlcnV
Further company coverage: NEWG.NS
(([email protected];))
** Newgen Software Technologies NEWG.NS rises 3% to 1,349 rupees; extends gain to fourth straight session
** Jefferies maintains "buy" and Street-high PT of 1,500 rupees, citing confidence in software firm's growth prospects
** Expects NEWG's earnings per share to grow 25% CAGR in FY25-27
** Says co's recent RBI contract "may drive deals from other Indian banks"
** Among four brokerages tracking stock, only Jefferies has "buy" rating - LSEG
** Stock up ~38% YTD
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Newgen Software Technologies NEWG.NS rises 3% to 1,349 rupees; extends gain to fourth straight session
** Jefferies maintains "buy" and Street-high PT of 1,500 rupees, citing confidence in software firm's growth prospects
** Expects NEWG's earnings per share to grow 25% CAGR in FY25-27
** Says co's recent RBI contract "may drive deals from other Indian banks"
** Among four brokerages tracking stock, only Jefferies has "buy" rating - LSEG
** Stock up ~38% YTD
(Reporting by Nandan Mandayam in Bengaluru)
(([email protected]; Mobile: +91 9591011727;))
** Shares of Newgen Software Technologies NEWG.NS rise as much as 4.8% to 1184 rupees
** The software co receives a purchase order worth 324.5 mln rupees ($3.8 mln) from the Reserve Bank of India for implementation and maintenance of the Regulatory Application Management System
** Stock set to snap three straight weekly losses
** Stock trading above its 200-day SMA since Jan 2023, indicating bullish sentiment
** NEWG stock up 3.9%, extending YTD gains to ~50%
($1 = 84.4910 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
** Shares of Newgen Software Technologies NEWG.NS rise as much as 4.8% to 1184 rupees
** The software co receives a purchase order worth 324.5 mln rupees ($3.8 mln) from the Reserve Bank of India for implementation and maintenance of the Regulatory Application Management System
** Stock set to snap three straight weekly losses
** Stock trading above its 200-day SMA since Jan 2023, indicating bullish sentiment
** NEWG stock up 3.9%, extending YTD gains to ~50%
($1 = 84.4910 Indian rupees)
(Reporting by Anuran Sadhu in Bengaluru)
(([email protected]; +91 8697274436;))
Sept 30 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
GOT LOI WORTH 169.2 MILLION RUPEES
Source text for Eikon: ID:nBSE4kvccs
Further company coverage: NEWG.NS
(([email protected];;))
Sept 30 (Reuters) - Newgen Software Technologies Ltd NEWG.NS:
GOT LOI WORTH 169.2 MILLION RUPEES
Source text for Eikon: ID:nBSE4kvccs
Further company coverage: NEWG.NS
(([email protected];;))
** Shares of Newgen Software Technologies NEWG.NS up 2.1% to 1362 rupees
** Software co received order worth upto 250 mln rupees ($2.99 mln)
** Stock eyes gains for a third week straight
** Set to clock its biggest monthly gain since Nov 2023
** Including session's gains stock had risen 74% YTD
($1 = 83.6200 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
** Shares of Newgen Software Technologies NEWG.NS up 2.1% to 1362 rupees
** Software co received order worth upto 250 mln rupees ($2.99 mln)
** Stock eyes gains for a third week straight
** Set to clock its biggest monthly gain since Nov 2023
** Including session's gains stock had risen 74% YTD
($1 = 83.6200 Indian rupees)
(Reporting by Yagnoseni Das in Bengaluru)
(([email protected];))
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Popular questions
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What does Newgen Software Tech do?
Newgen Software Technologies is a software products company offering a platform that enables organisations to rapidly develop powerful applications addressing their strategic business needs. The applications created on its platform enable organisations to drive digital transformation and competitive differentiation. This may include automation of routine business functions making them faster, easier and more accurate and increasing the channels or devices through which these functions can be performed.
Who are the competitors of Newgen Software Tech?
Newgen Software Tech major competitors are Birlasoft, Tanla Platforms, Sonata Software, Axiscades Tech., CE Info Systems, Cyient, Happiest Minds Tech.. Market Cap of Newgen Software Tech is ₹7,903 Crs. While the median market cap of its peers are ₹7,276 Crs.
Is Newgen Software Tech financially stable compared to its competitors?
Newgen Software Tech seems to be less financially stable compared to its competitors. Altman Z score of Newgen Software Tech is 7.44 and is ranked 4 out of its 8 competitors.
Does Newgen Software Tech pay decent dividends?
The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Newgen Software Tech latest dividend payout ratio is 28.18% and 3yr average dividend payout ratio is 24.21%
How has Newgen Software Tech allocated its funds?
Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments, Accounts Receivable
How strong is Newgen Software Tech balance sheet?
Balance sheet of Newgen Software Tech is strong. It shouldn't have solvency or liquidity issues.
Is the profitablity of Newgen Software Tech improving?
The profit is oscillating. The profit of Newgen Software Tech is ₹301 Crs for Mar 2026, ₹315 Crs for Mar 2025 and ₹252 Crs for Mar 2024
Is the debt of Newgen Software Tech increasing or decreasing?
Yes, The net debt of Newgen Software Tech is increasing. Latest net debt of Newgen Software Tech is -₹822.99 Crs as of Mar-26. This is greater than Mar-25 when it was -₹830.95 Crs.
Is Newgen Software Tech stock expensive?
Newgen Software Tech is not expensive. Latest PE of Newgen Software Tech is 26.52, while 3 year average PE is 35.87. Also latest EV/EBITDA of Newgen Software Tech is 18.63 while 3yr average is 29.19.
Has the share price of Newgen Software Tech grown faster than its competition?
Newgen Software Tech has given better returns compared to its competitors. Newgen Software Tech has grown at ~26.14% over the last 4yrs while peers have grown at a median rate of -3.66%
Is the promoter bullish about Newgen Software Tech?
Promoters seem not to be bullish about the company and have been selling shares in the open market. Latest quarter promoter holding in Newgen Software Tech is 53.45% and last quarter promoter holding is 53.52%
Are mutual funds buying/selling Newgen Software Tech?
The mutual fund holding of Newgen Software Tech is decreasing. The current mutual fund holding in Newgen Software Tech is 2.71% while previous quarter holding is 3.33%.