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

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 Ltd, Mangalore Refinery And Petrochemicals Ltd, Bharat Forge Ltd and Tata Chemicals Ltd are among the other gainers in the BSE’s ‘A’ group today, 12 August 2022.

Kirloskar Ferrous Industries Ltd leads gainers in ‘A’ group

PGIM India Mutual Fund (PGIM MF) and Abu Dhabi Investment Authority (ADIA) sold a total of 12.20 lakh shares of the software company, as per bulk deal data available with the National Stock Exchange

PGIM India MF, ADIA sell Newgen Software shares worth Rs 45 crore

Some Small & Midcap Stocks in Focus: CEAT, Newgen Software, Agro Tech & More

Newgen Software Technologies fell 2.64% to Rs 373.20 after the company’s’ consolidated net profit declined 66.6% to Rs 19.17 crore on 18.8% decline in revenue from operations to Rs 187.89 crore in Q1 FY23 over Q4 FY22.

Newgen Software slides after Q1 PAT drops 67% QoQ

Newgen Software Technologies Ltd. is an India-based company, which provides low code digital automation platform. The Company provides business process management (BPM), enterprise content management (ECM), customer communication management (CCM), document management system (DMS), and workflow and process automation software. The Company's products include OmniFlow, a platform-independent and intelligent business process management (IBPM) Suite; OmniDocs, an ECM Suite uses for creating, capturing, managing, delivering and archiving volumes of documents and content; OmniOutput Management Suite, a CCM solution; OmniScan is a document scanning software; OmniReports stores trillions of computer-generated output pages; ZapIn is a secure application; Invoice Processing System, a solution for automatic data capture from semi-structured invoice documents, and Adaptive Case Management. It offers various solutions, such as banking and financial services, insurance and healthcare.

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

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

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 climbs after Q2 PAT rises 58% QoQ

Kirloskar Ferrous Industries Ltd leads gainers 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

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

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 climbs after Q2 PAT rises 58% QoQ

Kirloskar Ferrous Industries Ltd leads gainers 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