Newgen Software Technologies jumps on bagging order worth Rs 21.24 crore
Newgen Software Technologies is currently trading at Rs. 917.85, up by 43.40 points or 4.96% from its previous closing of Rs. 874.45 on the BSE.
The scrip opened at Rs. 901.10 and has touched a high and low of Rs. 937.00 and Rs. 901.10 respectively. So far 233841 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1795.50 on 15-Jan-2025 and a 52 week low of Rs. 740.05 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 937.00 and Rs. 851.50 respectively. The current market cap of the company is Rs. 13198.80 crore.
The promoters holding in the company stood at 53.78%, while Institutions and Non-Institutions held 28.60% and 17.62% respectively.
Newgen Software Technologies has received a purchase order worth Rs 21.24 crore (including taxes) from Kshema General insurance for its policy administration system. The order includes, software license, implementation and annual support services. The order is to be executed within 5 years.
Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
