Board of Newgen Software Technologies appoints director

Q1FY25 Saw Broad-Based Growth, Gunning For 20% Growth In US At The Start Of The Yr: Newgen Software

Noida (Uttar Pradesh) [India], July 23: The management of Newgen Software Technologies Ltd. announced results for the quarter ended June 30, 2024 at its Board Meeting held on July 18, 2024.

Newgen Software reports Revenues from operations at Rs 315 cr in Q1 FY′25, up 25 per cent YoY

Newgen Software Technologies slipped 3.47% to Rs 1,011.20 after the company’s consolidated net profit dropped 54.81% to Rs 47.57 crore on 16.14% decrease in revenue from operation to Rs 314.72 crore in Q1 FY25 over Q4 FY24.

Newgen Software Tech slides as Q1 PAT slumps 55% QoQ

Earnings

Newgen Software Technologies consolidated net profit rises 57.52% in the June 2024 quarter

The fall in the stock price came after the company announced a weak set of June quarter results (Q1FY25).

Newgen Software stock price falls 7% on weak June quarter results

Upcoming results: Infosys, L&T Technology Services, Tata Communications, Central Bank of India, CIE Automotive India, Dalmia Bharat, Grindwell Norton, Havells India, JSW Infrastructure, Mastek, Newgen Software Technologies, Persistent Systems, Polycab India, Rallis India, Sagar Cements, Shoppers Stop, South Indian Bank, Sterling and Wilson Renewable Energy, Tanla Platforms, and Tata Technologies.

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Newgen Software: The uptick in share price came after Newgen Software announced that its US-based subsidiary has secured an order worth $1.48 million from a client

Newgen Software shares price rises over 2% on inking $1.48 million pact

New Delhi-based Newgen Software has a solution to help banks accelerate hyper-personalisation.

Transforming banking with Gen AI: More precise loan and investment offers for customers on the way

Newgen Software Q3 Results Review - Emerging Markets Near Term Growth Driver: IDBI Capital

Firm global cues lifted Indian benchmarks by up to 0.56 per cent in early deals on Tuesday

Market Closing: Sensex Ends 261 pts Higher, Nifty Above 19,800; Newgen Software Jumps 12% - News18

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Newgen Software Technologies provides business process management, enterprise content management, customer communication management, document management system, and workflow and process automation software