The company is looking at hiring about 400-500 people from campuses this year to meet its business requirements, having fulfilled its commitment of timely onboarding of campus recruits last year, Virender Jeet, CEO of Newgen Software, told PTI.

Newgen Software sees 20% topline growth in FY24; to hire from campuses

ICICI Securities is bullish on Newgen Software Technologies recommended buy rating on the stock with a target price of Rs 859 in its research report dated July 20, 2023.

Buy Newgen Software Technologies; target of Rs 859: ICICI Securities

Newgen Software Q1 Result Review - Strong Tailwind From License, Emerging Markets: IDBI Capital

Mastek reported a net profit of INR 70 crore in the first quarter, down 9% YoY on the back of stronger competition and macroeconomic challenges. The company saw a 27% YoY increase in revenues to INR 725 crore, driven by demand for the company’s digital and cloud transformation services.

Q1 Results Today: Bank of Maharashtra, Mastek, Newgen Software

Newgen Software Technologies shares will turn ex-dividend today. The company had announced a final dividend of Rs 5 per share. The actual payment will be made on July 25.

Newgen Software, Cera, Bank of India, CEAT shares to go ex-dividend; Blue Star stock to turn ex-bonus today

FY24 growth will be more than 20%, says Virender Jeet of Newgen Software. Tells Reema tendulkar & Surabhi Upadhyay that they intend to put money into mature markets like US & UK.

#newgensoftwaretechnologies #Q4FY23results #cnbctv18 #businessnews #businessnewstoday #businessnewsinenglish #sharemarkettoday  

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Newgen Software Technologies' Virender Jeet On Good Q4 Results | Trading Hour | CNBC-TV18

Digital transformation solutions provider Newgen Software Technologies on Tuesday reported a more than 37 per cent increase in its profit after tax to Rs 78.6 crore in the January-March quarter of FY23.

Newgen Software’s PAT surges 37% to Rs 79 crore in Jan-Mar quarter

​One name which we like is Newgen Software where our expectation is that the management is quite confident of delivering a 20-22% kind of a top line and bottom line growth so that is one stock what we are liking.

Tata Motors can outperform most of the Nifty components: Pankaj Pandey

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

The creamy layer - amongst the top performing stocks

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

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

The stock has a moderate number of red flags

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