Newgen Software Technologies Ltd Share Price (NEWGEN)
₹1445.7▲2.16%
Overview of Newgen Software Technologies Ltd
Key events for Newgen Software Technologies Ltd
Jefferies Raises Target Price for Newgen Software - 04 Dec, 2023
Global brokerage Jefferies raised the target price for Newgen Software Technologies Ltd. to Rs 1,740 per share from Rs 1,275 per share while maintaining a buy rating due to increased confidence in growth outlook.
Newgen Software Board Approves Bonus Shares Issue - 28 Nov, 2023
Newgen Software Technologies Ltd's board has approved the issuance of bonus shares in the ratio of 1:1, with a record date fixed as January 12, 2024. The authorized share capital was also increased to over Rs. 180 crore.
Newgen Software Approves Bonus Share Issue - 27 Nov, 2023
Newgen Software Technologies Ltd.'s board has approved a 1:1 bonus share issue and an increase in authorized share capital from Rs.110.10 crore to Rs.180.10 crore, marking the company's first such bonus issue of shares.
Newgen Software Technologies Ltd's Share Price Increases by 385% in Three Years - 21 Nov, 2023
Newgen Software Technologies Ltd's share price has increased by 385% over the past three years and 36% in the past quarter. The company's EPS grew at 25% per year over three years, while TSR for Newgen Software Technologies was 397%.
Newgen Software Board Considers Bonus Share Issue - 20 Nov, 2023
Newgen Software Technologies Ltd's board is set to meet on November 27 to consider and recommend a proposal for the issue of bonus shares. The company reported strong Q2FY24 results with revenue growth of 29.7%. Shares are up over 265% YTD.
Analyst Rating for Newgen Software Technologies Ltd stock
based on 3 analysts
Based on 3 analysts offering long term price targets for Newgen Software Technologies Ltd. An average target of ₹1321.33
Source: S&P Global Market Intelligence
Newgen Software Technologies Ltd share Performance
- ₹1415.1₹1469.85₹1445.7
2.12%
Downside
Day's Volatility:3.79%
Upside
1.67%
- ₹299.95₹1474₹1445.7
79.25%
Downside
52 Weeks Volatility:81.21%
Upside
1.96%
| Returns % | |
| 1 Month Return | 22.27 % |
| 3 Month Return | 64.6 % |
| 1 Year Return | 269.82 % |
| Market Stats | |
| Previous Close | ₹1,415.10 |
| Open | ₹1,469.85 |
| Volume | 98.16K |
| Market Cap | ₹9,915.52Cr |
Newgen Software Technologies Ltd Company Information
Share Price: ₹1445.70 per share as on 04 Dec, 2023 04:01 PM
Market Capitalisation: ₹9,915.52Cr as of today
Revenue: ₹302.57Cr as on September 2023 (Q3 23)
Net Profit: ₹47.79Cr as on September 2023 (Q3 23)
Listing date: 29 Jan, 2018
Chairperson Name: Diwakar Nigam
| Organisation | Newgen Software Technologies Ltd |
| Headquarters | New Delhi |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Fundamentals of Newgen Software Technologies Ltd
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.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 2 quarters, 264.18 Cr → 302.57 Cr (in ₹), with an average increase of 12.7% per quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 15.34% to 15.92% in Sep 2023 quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, NEWGEN has outperformed top 5 stocks with highest market-cap in Software
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 30.2 Cr → 47.79 Cr (in ₹), with an average increase of 36.8% per quarter
- POSITIVE IMPACT
Price Rise
In the last 3 months, NEWGEN stock has moved up by 68.0%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 2.51% to 3.50% in Sep 2023 quarter
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 55.16% of holdings in Sep 2023 quarter
- NO EFFECT
Against Peers
In the last 3 years, KPIT Technologies Ltd has given 1271.9% return, outperforming this stock by 850.0%
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 20.86% to 19.33% in Sep 2023 quarter
Newgen Software Technologies Ltd Valuation
Newgen Software Technologies Ltd in the last 5 years
Lowest (7.17x)
March 23, 2020
Industry (34.36x)
December 1, 2023
Today (48.13x)
December 1, 2023
Highest (49.51x)
November 30, 2023
Newgen Software Technologies Ltd Mutual Fund Holdings
| Funds | Holdings |
 HDFC Childrens Gift Fund Direct Plan(Lock-in) | 1.69% |
| HDFC Childrens Gift Fund Direct Plan | 1.69% |
 Tata Digital India Fund Direct Growth | 1.09% |
| Tata Focused Equity Fund Direct Growth | 2.19% |
 WhiteOak Capital Flexi Cap Fund Direct Growth | 0.58% |
Newgen Software Technologies Ltd Shareholding Pattern
| Investors | Holdings % | Prev. 3 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 55.16% | 0.00 | |
| Foreign Institutions | 15.92% | 3.80 | |
| Mutual Funds | 3.5% | 39.51 | |
| Retail Investors | 19.33% | ||
| Others | 6.08% |
Technicals of Newgen Software Technologies Ltd share
News & Events of Newgen Software Technologies Ltd
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Newgen Software Technologies Ltd (NEWGEN) share price today is ₹1445.7
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 ₹1469.85.
- Today’s lowest price of Newgen Software Technologies Ltd is ₹1415.1.
PE Ratio of Newgen Software Technologies Ltd is 48.13
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 98.16K.
Today’s market capitalisation of Newgen Software Technologies Ltd(NEWGEN) is ₹9915.52Cr.
| Newgen Software Technologies Ltd(NEWGEN | Price |
|---|---|
52 Week High | ₹1474 |
52 Week Low | ₹299.95 |
Newgen Software Technologies Ltd(NEWGEN) share price is ₹1445.7. It is down -1.92% from its 52 Week High price of ₹1474
Newgen Software Technologies Ltd(NEWGEN) share price is ₹1445.7. It is up 381.98% from its 52 Week Low price of ₹299.95
| Newgen Software Technologies Ltd(NEWGEN | Returns |
|---|---|
1 Day Returns | 30.6% |
1 Month Returns | 22.27% |
3 Month Returns | 64.6% |
1 Year Returns | 269.82% |