Newgen Software Technologies Ltd share price logo

Newgen Software Technologies Ltd (NEWGEN)

₹950.252.34%

bell
Get free price alerts. Set up your Free investment account to get Live Prices.
Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Insights on Newgen Software Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 15.14% to 16.40% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 year, NEWGEN stock has moved up by 189.0%

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 30.2 Cr → 105.27 Cr (in ₹), with an average increase of 34.0% per quarter

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, NEWGEN has outperformed top 5 stocks with highest market-cap in Software

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 264.18 Cr → 390.34 Cr (in ₹), with an average increase of 12.2% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, KPIT Technologies Ltd has given 534.7% return, outperforming this stock by 289.2%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.70% to 3.66% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 55.07% to 55.01% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 19.72% to 18.52% in Mar 2024 quarter

Performance

  • Day's Low

    Day's High

    ₹936.35
    ₹971.9
  • 52 Week's Low

    52 Week's High

    ₹302.53
    ₹1,058.1
1 Month Return-2.09 %
3 Month Return+ 28.56 %
1 Year Return+ 188.96 %
Previous Close₹928.50
Open₹939.85
Volume1.65L
Upper Circuit-
Lower Circuit-
Market Cap₹13,026.09Cr

Analyst Rating

based on 3 analysts

BUY
66.67%
Buy
33.33%
Hold
0.00%
Sell

Based on 3 analysts offering long term price targets for Newgen Software Technologies Ltd. An average target of ₹1026.67

Source: S&P Global Market Intelligence

Company Information

Newgen Software Technologies Limited is a software products company providing Business Process Management, Enterprise Content Management, and Customer Communication Management platforms. With over 270 direct sales employees and 300 channel partners, the company works with some of the world's leading organizations, across sectors such as banking, government, BPOs, IT's, insurance, and healthcare. The company has developed platforms that enable customers to rapidly design, build, and implement enterprise-grade custom applications with minimal coding and also offers its products suites on-premise as well as on cloud in the form of subscription. In 2018, the company raised approx. Rs 424.63 cr. in an initial public offering with a subscription 8.17 times the Issue Price, and listed on both BSE and NSE at 3.27% above the Issue Price. The same year, the company released Mobile Medicare Enrolment for the US Health Plans, and received a work order for Document Management System and digitization of Court records in Maharashtra for a total size of Rs 63.93 crores. Recently, the company also received orders from American National Bank of Texas and Credit Union of Colorado for its Account Opening and Loan Origination solutions, and an agreement with Hewlett Packard Enterprise India for the supply of software licenses and related services.

Share Price: ₹950.25 per share as on 20 Jun, 2024 04:01 PM
Market Capitalisation: ₹13,026.09Cr as of today
Revenue: ₹375.27Cr as on March 2024 (Q1 24)
Net Profit: ₹105.27Cr as on March 2024 (Q1 24)
Listing date: 29 Jan, 2018
Chairperson Name: Diwakar Nigam
OrganisationNewgen Software Technologies Ltd
HeadquartersNew Delhi
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Newgen Software Technologies Ltd

  • Insiders Own Majority of Newgen Software Technologies - 07 Jun, 2024

    Top insiders, including Top Key Executive Diwakar Nigam, own the majority of Newgen Software Technologies Limited. Institutional investors also have a fair amount of stake in the company, indicating credibility in the investment community. Insiders were the biggest beneficiaries of last week's 4% gain.

  • Newgen Software Launches LumYn for Hyper-Personalized Banking - 04 Jun, 2024

    Newgen Software has launched LumYn, a hyper-personalised generative AI model for banks to provide tailored services to consumers. The advanced conversational AI capabilities of LumYn will enable banks to build a hyper-personalized understanding of each customer's needs, behaviour, preferences, and intent to drive deeper engagements while ensuring data privacy and security.

Newgen Software Technologies Ltd Valuation

Newgen Software Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.17x)

March 23, 2020

Industry (33.87x)

June 19, 2024

Today (52.18x)

June 19, 2024

Highest (57.45x)

May 3, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Childrens Gift Fund Direct PlanHDFC Childrens Gift Fund Direct Plan2.14%
HDFC Childrens Gift Fund Direct Plan(Lock-in)HDFC Childrens Gift Fund Direct Plan(Lock-in)2.14%
Tata Digital India Fund Direct GrowthTata Digital India Fund Direct Growth1.53%
JM Flexicap Fund (Direct) Growth OptionJM Flexicap Fund (Direct) Growth Option1.7%
Tata Retirement Savings Progressive Fund Direct Plan GrowthTata Retirement Savings Progressive Fund Direct Plan Growth1.56%

Shareholding Pattern

InvestorsHoldings %Prev. 2 periods3M change
Promoter Holdings
55.01%
-0.11
Foreign Institutions
16.4%
8.32
Mutual Funds
3.66%
-1.10
Retail Investors
18.52%
-6.11
Others
6.41%
0.75

Frequently Asked Questions

  • Get a PAN card.
  • Open a Demat account.
  • Open a Trading account.
  • Link your Demat account to your Trading account.
  • Fund your Trading account.
  • Place an order to buy Newgen Software Technologies Ltd shares.

Newgen Software Technologies Ltd (NEWGEN) share price today is ₹950.25

Newgen Software Technologies Ltd is listed on NSE

Newgen Software Technologies Ltd is listed on BSE

  • Today’s highest price of Newgen Software Technologies Ltd is ₹971.9.
  • Today’s lowest price of Newgen Software Technologies Ltd is ₹936.35.

PE Ratio of Newgen Software Technologies Ltd is 52.18

PE ratio = Newgen Software Technologies Ltd Market price per share / Newgen Software Technologies Ltd Earnings per share

Today’s traded volume of Newgen Software Technologies Ltd(NEWGEN) is 1.65L.

Today’s market capitalisation of Newgen Software Technologies Ltd(NEWGEN) is ₹13026.09Cr.

Newgen Software Technologies Ltd(NEWGENPrice
52 Week High
₹1058.1
52 Week Low
₹302.53

Newgen Software Technologies Ltd(NEWGEN) share price is ₹950.25. It is down -10.19% from its 52 Week High price of ₹1058.1

Newgen Software Technologies Ltd(NEWGEN) share price is ₹950.25. It is up 214.10% from its 52 Week Low price of ₹302.53

Newgen Software Technologies Ltd(NEWGENReturns
1 Day Returns
21.75%
1 Month Returns
-2.09%
3 Month Returns
28.56%
1 Year Returns
188.96%