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01-01-1970 12:00 AM | Source: Accord Fintech
Newgen Software Technologies soars on launching OmniXtract 4.0
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Newgen Software Technologies is currently trading at Rs. 625.35, up by 4.85 points or 0.78% from its previous closing of Rs. 620.50 on the BSE.

The scrip opened at Rs. 620.00 and has touched a high and low of Rs. 630.85 and Rs. 620.00 respectively. So far 11603 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 635.15 on 26-May-2023 and a 52 week low of Rs. 320.85 on 21-Jun-2022.

Last one week high and low of the scrip stood at Rs. 635.15 and Rs. 608.15 respectively. The current market cap of the company is Rs. 4366.63 crore.

The promoters holding in the company stood at 55.16%, while Institutions and Non-Institutions held 22.17% and 22.67% respectively.

Newgen Software Technologies has launched OmniXtract 4.0, an upgraded version of its intelligent document extraction software. The latest version of OmniXtract leverages AI/ML capabilities to deliver high extraction accuracy and offers enhanced user interface. Also, it boasts an improved extraction engine and a microservices-based architecture.

NewgenONE OmniXtract allows enterprises to extract data from structured and semi-structured documents from various channels and formats, including PDFs, Tiff, Word, Excel, and RTF and makes it available for further processing. Also, it supports multiple cloud-based and non-cloud-based OCR extraction engines to meet unique business requirements.

Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.