477.9500 7.45 (1.58%)
NSE Jun 16, 2026 15:31 PM
Volume: 1.4M
 

477.95
1.58%
ICICI Direct
Annuity-led mix enhances visibility and stability: Newgen's transition towards subscription & annuity-led revenue model continues to strengthen business quality & revenue predictability with over half of revenues now coming from recurring annuity streams (+19.6% YoY). Strong growth in SaaS (+36.5% YoY) and ATS/AMC (+22% YoY), across US, UK & Australia also improves visibility & stickiness. However, near-term growth remains moderated by slower traditional license-led deal closures in India & EMEA and elongated enterprise decision cycles with recovery hinging on execution & deal timing....
Newgen Software Technologies Ltd. is trading below its 100 day SMA of 493.6
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