Newgen gains as its arm signs Rs 14.47 crore agreement with overseas client
Newgen Software Technologies is currently trading at Rs. 499.90, up by 6.20 points or 1.26% from its previous closing of Rs. 493.70 on the BSE.
The scrip opened at Rs. 498.20 and has touched a high and low of Rs. 510.60 and Rs. 491.70 respectively. So far 105778 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1379.15 on 20-May-2025 and a 52 week low of Rs. 401.05 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 533.90 and Rs. 431.40 respectively. The current market cap of the company is Rs. 7127.27 crore.
The promoters holding in the company stood at 53.52%, while Institutions and Non-Institutions held 23.33% and 23.15% respectively.
Newgen Software Technologies’ wholly owned subsidiary -- Newgen Software Technologies (UK) has executed a Statement of Work (SOW) with overseas entity situated in United Kingdom for software licenses, cloud services and implementation services for the customer. The aggregate value of the aforesaid agreement is around 1.13 million pound (Rs 14.47 crore). The agreement is to be executed within 3.5 years.
