₹982.55▲5.76%
6.57%
Low
Day's Volatility:8.08%
High
1.51%
74.76%
Low
52 Weeks Volatility:76.27%
High
1.51%
Returns % | |
1 Month Return | 16.91 % |
3 Month Return | 10.06 % |
1 Year Return | 228.29 % |
Market Stats | |
Previous Close | ₹929.05 |
Open | ₹936.00 |
Volume | 10.41L |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹13,033.81Cr |
based on 3 analysts
Based on 3 analysts offering long term price targets for Newgen Software Technologies Ltd. An average target of ₹990
Source: S&P Global Market Intelligence
Organisation | Newgen Software Technologies Ltd |
Headquarters | New Delhi |
Industry | IT - Software |
E-voting on shares | Click here to vote |
Key events for Newgen Software Technologies Ltd
Newgen Software Technologies reported a 23.02% YoY increase in revenue and a 32.65% rise in profit for Q4 2024. The company also saw significant growth compared to the previous quarter, with revenue up by 15.95% and profit increasing by 54.01%. Analysts have given various ratings, with 1 analyst holding a Hold rating and 2 analysts giving a Strong Buy rating. As of May 3, 2024, the consensus recommendation for Newgen Software Technologies was Strong Buy.
Newgen Software Reports Strong Financial Results - 02 May, 2024
Newgen Software Technologies reported strong financial results in Q4 FY2024, beating estimates with a net profit growth of 54.2%. Jefferies raised its target price to Rs 1150 while maintaining a buy rating due to strong growth outlook led by core markets. The company's shares are up 24% from a week ago.
Newgen Software Reports Strong Q4 Results - 30 Apr, 2024
Newgen Software Technologies reported a strong Q4 with a 54.2% QoQ increase in net profit and a 16% rise in revenue. The company recommended a dividend of Rs 4 per equity share. The stock rose by 7.28%.
Newgen Software Technologies' EPS Growth Trails Shareholder Returns - 10 Apr, 2024
Newgen Software Technologies has grown its EPS at 25% per year over three years, sending the share price higher. The market is feeling optimistic on the stock, reflected in a fairly generous P/E ratio of 51.48. TSR over the last 3 years was 460%, largely due to dividend payments.
Fundamentals of 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.
FII Holding Up
Foreign Institutions have increased holdings from 15.14% to 16.40% in Mar 2024 quarter
Revenue Rich
Revenue is up for the last 3 quarters, 264.18 Cr → 334.81 Cr (in ₹), with an average increase of 11.2% per quarter
Best in 1 Year
In the last 1 year, NEWGEN has outperformed top 5 stocks with highest market-cap in Software
Profit Spike
Netprofit is up for the last 3 quarters, 30.2 Cr → 68.35 Cr (in ₹), with an average increase of 33.4% per quarter
Price Rise
In the last 7 days, NEWGEN stock has moved up by 15.6%
Against Peers
In the last 3 years, KPIT Technologies Ltd has given 638.1% return, outperforming this stock by 172.8%
Promoter Holding Down
Promoters have decreased holdings from 55.07% to 55.01% in Mar 2024 quarter
Retail Holding Down
Retail Investor have decreased holdings from 19.72% to 18.52% in Mar 2024 quarter
MF Holding Down
Mutual Funds have decreased holdings from 3.70% to 3.66% in Mar 2024 quarter
Newgen Software Technologies Ltd in the last 5 years
Lowest (7.17x)
March 23, 2020
Industry (33.33x)
April 30, 2024
Today (52.21x)
April 30, 2024
Highest (56.55x)
January 16, 2024
Investors | Holdings % | Prev. 2 periods | 3M change |
---|---|---|---|
Promoter Holdings | 55.01% | ||
Foreign Institutions | 16.4% | 8.32 | |
Mutual Funds | 3.66% | ||
Retail Investors | 18.52% | ||
Others | 6.41% | 0.75 |
Technicals of Newgen Software Technologies Ltd share
News & Events of Newgen Software Technologies Ltd
Newgen Software Technologies Ltd (NEWGEN) share price today is ₹982.55
Newgen Software Technologies Ltd is listed on NSE
Newgen Software Technologies Ltd is listed on BSE
PE Ratio of Newgen Software Technologies Ltd is 52.21
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 10.41L.
Today’s market capitalisation of Newgen Software Technologies Ltd(NEWGEN) is ₹13033.81Cr.
Newgen Software Technologies Ltd(NEWGEN | Price |
---|---|
52 Week High | ₹997.4 |
52 Week Low | ₹247.98 |
Newgen Software Technologies Ltd(NEWGEN) share price is ₹982.55. It is down -1.49% from its 52 Week High price of ₹997.4
Newgen Software Technologies Ltd(NEWGEN) share price is ₹982.55. It is up 296.22% from its 52 Week Low price of ₹247.98
Newgen Software Technologies Ltd(NEWGEN | Returns |
---|---|
1 Day Returns | 53.5% |
1 Month Returns | 16.91% |
3 Month Returns | 10.06% |
1 Year Returns | 228.29% |