Newgen Software zooms after securing order for enterprise content management solution
Newgen Software Technologies is currently trading at Rs 1033.10, up by 63.30 points or 6.53% from its previous closing of Rs 969.80 on the BSE.
The scrip opened at Rs 957.40 and has touched a high and low of Rs 1038.00 and Rs 957.40 respectively. So far 52196 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 626.05 on 15-Apr-2024.
Last one week high and low of the scrip stood at Rs 1093.55 and Rs 953.45 respectively. The current market cap of the company is Rs 14369.29 crore.
The promoters holding in the company stood at 54.30%, while Institutions and Non-Institutions held 29.41% and 16.30% respectively.
Newgen Software Technologies has secured order from the customer for Enterprise Content Management Solution (ECM) for a period of five years. The aggregate value of the aforesaid order is $1,285,074 inclusive taxes.
Earlier, the company had received and accepted a Purchase Order for implementation and Support Services. The aggregate value of the aforesaid Purchase order is Rs 12.92 crore. Duration of Contract is 6 years.
Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.
