475.6000 9.95 (2.14%)
NSE Jul 09, 2026 13:01 PM
Volume: 237.2K
 

475.60
2.14%
IDBI Capital
Newgen Software Technologies posted a strong Q2 FY26, with revenue growing 11% year-on-year to INR 401cr, and profit rising 16% to INR 82cr. The company's subscription revenue surged 20% to INR 126cr. The quarter saw 15 new clients and significant multimillion-dollar orders in the UK, Europe, Ghana, and India. Both the US and Asia-Pacific regions grew by 22%, while India and EMEA posted steady gains. Their focus on digital solutions and AI-based products is helping improve efficiency, which in turn supports stable profit margins (20.4%). Newgen is also benefiting from investments in sales, marketing, and R&D. The...
Newgen Software Technologies Ltd. is trading below its 150 day SMA of 572.8
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