Current price is less than the intrinsic value

Intrinsic value

Stock has been generating better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

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

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

FSN E-Commerce Ventures Ltd, Newgen Software Technologies Ltd, Happiest Minds Technologies Ltd and Gravita India Ltd are among the other gainers in the BSE’s ‘A’ group today, 24 January 2023.

Route Mobile Ltd leads gainers in ‘A’ group

ICICI Direct is bullish on Newgen Software recommended buy rating on the stock with a target price of Rs 460 in its research report dated January 18, 2023.

Buy Newgen Software; target of Rs 460: ICICI Direct

The software solutions provider’s consolidated net profit jumped 59.23% to Rs 48.20 crore on 12.74% increase in net revenue to Rs 254.92 crore in Q3 December 2022 over Q2 September 2022.

Newgen Software Tech Q3 PAT jumps 59% QoQ

Mahindra CIE Automotive Ltd, Newgen Software Technologies Ltd, ITI Ltd and Hil Ltd are among the other gainers in the BSE’s ‘A’ group today, 13 January 2023.

National Standard (India) Ltd leads gainers in ‘A’ group

Broker’s Call: Newgen Software (Buy)

Innovation continues to be our key focus as we continue to embrace emerging technologies that will improve our platforms. We will continue to launch new offerings like the Trade Finance Platform that will cater to current and new business requirements.

ETMarkets Management Talk | Aiming to get back to pre-Covid growth: Virender Jeet, CEO, Newgen Software

PCBL Ltd, Thirumalai Chemicals Ltd, Newgen Software Technologies Ltd and Sumitomo Chemical India Ltd are among the other losers in the BSE’s ‘A’ group today, 27 October 2022.

Gland Pharma Ltd leads losers in ‘A’ group

ICICI Direct is bullish on Newgen Software recommended buy rating on the stock with a target price of Rs 445 in its research report dated October 19, 2022.

Buy Newgen Software; target of Rs 445: ICICI Direct

Newgen Software Consolidated September 2022 Net Sales at Rs 226.12 crore, up 21.9% Y-o-Y

Board of Newgen Software Technologies approves change in registered office

Newgen Software Technologies jumped 4.45% to Rs 377.85 after the company’s consolidated net profit rose 57.82% to Rs 30.27 crore on 20.34% increase in net sales to Rs 226.11 crore in Q2 September 2022 over Q1 June 2022.

Newgen Software climbs after Q2 PAT rises 58% QoQ

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

Newgen Software Technologies Ltd

Newgen Software Technologies Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Route Mobile Ltd leads gainers in ‘A’ group

Buy Newgen Software; target of Rs 460: ICICI Direct

Newgen Software Tech Q3 PAT jumps 59% QoQ

National Standard (India) Ltd leads gainers in ‘A’ group

Broker’s Call: Newgen Software (Buy)

ETMarkets Management Talk | Aiming to get back to pre-Covid growth: Virender Jeet, CEO, Newgen Software

Gland Pharma Ltd leads losers in ‘A’ group

Newgen Software Technologies Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Route Mobile Ltd leads gainers in ‘A’ group

Buy Newgen Software; target of Rs 460: ICICI Direct

Newgen Software Tech Q3 PAT jumps 59% QoQ

National Standard (India) Ltd leads gainers in ‘A’ group

Broker’s Call: Newgen Software (Buy)

ETMarkets Management Talk | Aiming to get back to pre-Covid growth: Virender Jeet, CEO, Newgen Software

Gland Pharma Ltd leads losers in ‘A’ group

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock