Newgen Software Technologies gains after its arm executes agreement with USA based Healthcare Client
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Newgen Software Technologies is currently trading at Rs. 1615.70, up by 10.40 points or 0.65% from its previous closing of Rs. 1605.30 on the BSE.
The scrip opened at Rs. 1609.65 and has touched a high and low of Rs. 1629.50 and Rs. 1565.00 respectively. So far 24317 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1754.60 on 31-Dec-2024 and a 52 week low of Rs. 626.05 on 15-Apr-2024.
Last one week high and low of the scrip stood at Rs. 1700.00 and Rs. 1565.00 respectively. The current market cap of the company is Rs. 22569.44 crore.
The promoters holding in the company stood at 54.30%, while Institutions and Non-Institutions held 28.91% and 16.80% respectively.
Newgen Software Technologies’ material Subsidiary-- Newgen Software Inc. (NSI) has executed an agreement with a USA based Healthcare Client for Enterprise Content Management. The aggregate value of the aforesaid agreement is $2,576,284. Duration of Contract is 3 years.
Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
