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Newgen Software Technologies Ltd Share Price (NEWGEN)

₹745.31.24%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Newgen Software Technologies Ltd share Performance

  • ₹734.55
    ₹749.85
    ₹745.3
    downward going graph

    1.44%

    Low

    Day's Volatility:2.05%

    High

    0.61%

    downward going graph
  • ₹232.03
    ₹901.05
    ₹745.3
    downward going graph

    68.87%

    Low

    52 Weeks Volatility:89.77%

    High

    20.90%

    downward going graph
1 Month Return-3.71 %
3 Month Return-9.65 %
1 Year Return213.48 %
Previous Close₹736.15
Open₹738.95
Volume1.07L
Upper Circuit-
Lower Circuit-
Market Cap₹10,327.58Cr

Analyst Rating for Newgen Software Technologies Ltd stock

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 ₹990

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: ₹745.30 per share as on 23 Apr, 2024 04:01 PM
Market Capitalisation: ₹10,327.58Cr as of today
Revenue: ₹323.65Cr as on December 2023 (Q4 23)
Net Profit: ₹68.35Cr as on December 2023 (Q4 23)
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

  • 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.

  • Newgen Software Wins Multiple Orders Worth Crores - 01 Apr, 2024

    Newgen Software Technologies has won multiple orders including a Trade Finance Project worth around ₹49.84 crore, a Trade Finance Solution worth $1.1 million, and a Letter of Intent worth $2.07 million. The company posted strong financial results for Q3FY24 with significant YoY growth in net profit and revenue. Analysts are optimistic about the company's future growth potential.

  • Newgen Software Technologies Ltd Shows Strong Growth Potential - 26 Mar, 2024

    Newgen Software Technologies has shown consistent growth in EPS, EBIT margins, and revenues. Insiders own 56% of the company, indicating confidence in its future prospects. CEO remuneration levels are reasonable.

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.

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 264.18 Cr → 334.81 Cr (in ₹), with an average increase of 11.2% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

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

    Profit Spike

    img

    Netprofit is up for the last 3 quarters, 30.2 Cr → 68.35 Cr (in ₹), with an average increase of 33.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, KPIT Technologies Ltd has given 603.0% return, outperforming this stock by 229.8%

  • 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

  • imgNEGATIVE IMPACT

    Price Dip

    img

    In the last 7 days, NEWGEN stock has moved down by -4.2%

Newgen Software Technologies Ltd Valuation

Newgen Software Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (7.17x)

March 23, 2020

Industry (33.08x)

April 22, 2024

Today (46.24x)

April 22, 2024

Highest (56.55x)

January 16, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Childrens Gift Fund Direct Plan(Lock-in)HDFC Childrens Gift Fund Direct Plan(Lock-in)2.06%
HDFC Childrens Gift Fund Direct PlanHDFC Childrens Gift Fund Direct Plan2.06%
Tata Digital India Fund Direct GrowthTata Digital India Fund Direct Growth1.26%
JM Flexicap Fund (Direct) Growth OptionJM Flexicap Fund (Direct) Growth Option1.73%
Tata Retirement Savings Progressive Fund Direct Plan GrowthTata Retirement Savings Progressive Fund Direct Plan Growth1.45%

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

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 ₹745.3

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 ₹749.85.
  • Today’s lowest price of Newgen Software Technologies Ltd is ₹734.55.

PE Ratio of Newgen Software Technologies Ltd is 46.24

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 1.07L.

Today’s market capitalisation of Newgen Software Technologies Ltd(NEWGEN) is ₹10327.58Cr.

Newgen Software Technologies Ltd(NEWGENPrice
52 Week High
₹901.05
52 Week Low
₹232.03

Newgen Software Technologies Ltd(NEWGEN) share price is ₹745.3. It is down -17.29% from its 52 Week High price of ₹901.05

Newgen Software Technologies Ltd(NEWGEN) share price is ₹745.3. It is up 221.21% from its 52 Week Low price of ₹232.03

Newgen Software Technologies Ltd(NEWGENReturns
1 Day Returns
9.15%
1 Month Returns
-3.71%
3 Month Returns
-9.65%
1 Year Returns
213.48%