919.1500 -4.40 (-0.48%)
NSE Nov 18, 2025 15:29 PM
Volume: 437.6K
 

919.15
-0.48%
ICICI Direct
SaaS-led growth driving rebound: Newgen delivered a healthy 11% YoY revenue growth in Q2FY26, led by 33% YoY growth in SaaS revenues (12% of revenue mix) and 16% YoY rise in implementation services (23% of revenue mix). The company's pivot toward annuity-based revenues is strengthening visibility, with SaaS and subscription momentum offsetting softness in traditional license sales (18% of revenue mix) across India and EMEA which are seeing delay in large license deal closures. Newgen's focus on large deal wins in the US, Europe/UK, Singapore is paying off with 15 new logo additions...
Newgen Software Technologies Ltd. is trading below its 30 day SMA of 920.0
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