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Newgen Software Technologies Ltd share price logo

Newgen Share Price

(NEWGEN)

₹1586.12.62%

as on 04:01PM, 17 Jan 2025

Overview
News
Financials
Q3 2024 Results
Technicals

Newgen Analyst Rating

based on 5 analysts

BUY

60.00%

Buy

40.00%

Hold

0.00%

Sell

Based on 5 analysts offering long term price targets for Newgen. An average target of ₹1421

Source: S&P Global Market Intelligence

Newgen Share analysis

Newgen price forecast by 5 analysts

Downside of-10.41%

High

₹1500

Target

₹1421.00

Low

₹1260

Newgen target price ₹1421, a slight downside of -10.41% compared to current price of ₹1586.1. According to 5 analysts rating.

Source: S&P Global Market Intelligence

Newgen Performance

  • Day's Low

    Day's High

    ₹1,566.65
    Day's Price Range
    ₹1,628.15
  • 52 Week's Low

    52 Week's High

    ₹676.05
    52-Week Price Range
    ₹1,798.9
1 Month Return+ 5.85 %
3 Month Return+ 26.12 %
1 Year Return+ 89.94 %
Previous Close₹1,628.70
Open₹1,628.00
Volume3.44L
Upper Circuit-
Lower Circuit-
Market Cap₹22,849.33Cr

Newgen Key Statistics

P/E Ratio76.88
PEG Ratio12.97
Market Cap₹22,849.33 Cr
P/B Ratio9.68
EPS18
Dividend Yield0.5
SectorIT - Software
ROE22.93

Newgen Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹22,849.33 Cr290.24%0.54₹251 Cr₹1,243 Cr
NA₹28.93 Cr74.23%0.50-₹1 CrNA
BUY₹8,185.59 Cr19.97%0.51₹388 Cr₹4,023 Cr
NA₹28.69 Cr-12.5%0.70₹3 Cr₹87 Cr
NA₹162.81 Cr-13.75%0.72₹1 Cr₹29 Cr

About Newgen

Newgen Software Technologies Limited is a software products company providing Business Process Management, Enterprise Content Management, and Customer Communication Management platforms. With over 270 direct sales employees and 300 channel partners, the company works with some of the world's leading organizations, across sectors such as banking, government, BPOs, IT's, insurance, and healthcare. The company has developed platforms that enable customers to rapidly design, build, and implement enterprise-grade custom applications with minimal coding and also offers its products suites on-premise as well as on cloud in the form of subscription. In 2018, the company raised approx. Rs 424.63 cr. in an initial public offering with a subscription 8.17 times the Issue Price, and listed on both BSE and NSE at 3.27% above the Issue Price. The same year, the company released Mobile Medicare Enrolment for the US Health Plans, and received a work order for Document Management System and digitization of Court records in Maharashtra for a total size of Rs 63.93 crores. Recently, the company also received orders from American National Bank of Texas and Credit Union of Colorado for its Account Opening and Loan Origination solutions, and an agreement with Hewlett Packard Enterprise India for the supply of software licenses and related services.

Share Price: ₹1586.10 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹22,849.33Cr as of today
Revenue: ₹361.16Cr as on September 2024 (Q3 24)
Net Profit: ₹70.33Cr as on September 2024 (Q3 24)
Listing date: 29 Jan, 2018
Chairperson Name: Diwakar Nigam
OrganisationNewgen
HeadquartersNew Delhi
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Newgen Software Technologies Ltd

  • Newgen Software Breaks All-Time High Resistance - 16 Jan, 2025

    Newgen Software has surpassed its all-time high resistance of Rs1,755, currently experiencing a minor pullback. Analysts recommend a buy with a target of Rs1,825 and a stop loss at Rs1,690, indicating strong rally momentum ahead.
  • Newgen Secures Major Healthcare Deal in US - 09 Jan, 2025

    Newgen Software Technologies' US subsidiary has signed a significant $2.57 million Enterprise Content Management agreement with a healthcare client, enhancing its global presence. The company reported strong financial growth, with a 25% revenue increase and a 50% rise in net profit, driven by strategic expansions in various sectors.
  • Newgen Software Technologies Faces Two-Day Decline - 06 Jan, 2025

    On January 6, 2025, Newgen Software Technologies stock fell by 3.52%, marking a two-day decline of 5.18%. Despite this downturn, the stock has increased by 21.35% over the past month, outperforming the benchmark Sensex, which declined by 2.77%. The stock remains above key moving averages, indicating a mixed short-term outlook.
  • Newgen Software Secures Major Orders and Bonus Shares - 02 Jan, 2025

    Newgen Software Technologies Ltd gained 2.45% after securing four significant international and domestic orders worth over Rs 1,500 crore. The company also announced a 1:1 bonus share issue, reflecting strong growth with a 120% return in one year and 1,660% in five years.
  • Newgen Software Secures Multiple High-Value Contracts - 01 Jan, 2025

    Newgen Software Technologies has announced securing several significant projects, including a $1.64 million credit automation contract and a Rs 20.9 crore order for its remittance system license, enhancing its market position.
  • Newgen Software Hits All-Time High on December 31 - 31 Dec, 2024

    On December 31, 2024, Newgen Software Technologies achieved an all-time high, trading above key moving averages, with a remarkable 120.56% annual return, outperforming the IT sector.
  • Newgen Software Hits 52-Week High with Strong Gains - 30 Dec, 2024

    On December 30, 2024, Newgen Software Technologies achieved a new 52-week high, closing at ₹1,725. The stock gained over 116% YTD, driven by a significant contract and strong market performance.
  • Newgen Software Secures Order and Stock Surges - 28 Dec, 2024

    Newgen Software Technologies announced a Rs 24 crore order from Aye Finance for a Loan Origination Solution. The stock has surged 43% over the past month, closing at ₹1,617.
  • Newgen Software Secures Major Contracts Amid Stock Fluctuations - 27 Dec, 2024

    Newgen Software Technologies experienced a stock decline despite securing significant contracts, including a $2 million order and a ₹24 crore deal, showcasing its growth in the fintech sector.
  • Newgen Software Hits Record High on Order Win - 26 Dec, 2024

    Newgen Software Technologies shares surged significantly after securing a $2.27 million order in Saudi Arabia, hitting a record high of ₹1,725.15. The stock has gained 124% over the past year, reflecting strong investor confidence and robust financial performance.
  • Newgen Software Secures $2.27M International Order - 24 Dec, 2024

    Newgen Software Technologies announced a $2.27 million purchase order from an international client in Saudi Arabia, expected to be completed within a year. This order strengthens its global footprint and aligns with its strategy for sustainable revenue growth.

Insights on Newgen Software Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 47.57 Cr → 70.33 Cr (in ₹), with an average increase of 32.4% per quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 17.84% to 19.98% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 2 quarters, 337.28 Cr → 379.68 Cr (in ₹), with an average increase of 11.2% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 1 month, NEWGEN stock has moved up by 10.5%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, NEWGEN has outperformed top 5 stocks with highest market-cap in Software

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 54.30% of holdings in Sep 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Oracle Financial Services Software Ltd has given 113.9% return, outperforming this stock by 29.9%

  • imgNEGATIVE IMPACT

    MF Holding Down

    img

    Mutual Funds have decreased holdings from 3.85% to 2.95% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 17.60% to 16.53% in Sep 2024 quarter

Newgen Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹293.24Cr (-)₹323.65Cr (↑10.37%)₹375.27Cr (↑15.95%)₹314.72Cr (↓16.14%)₹361.16Cr (↑14.76%)
Net Income₹47.79Cr (-)₹68.35Cr (↑43.02%)₹105.27Cr (↑54.02%)₹47.57Cr (↓54.81%)₹70.33Cr (↑47.85%)
Net Profit Margin16.30% (-)21.12% (↑29.57%)28.05% (↑32.81%)15.12% (↓46.10%)19.47% (↑28.77%)
Value in ₹ crore
Details2021202220232024
Total Assets₹851.05Cr (-)₹1,019.44Cr (↑19.79%)₹1,236.31Cr (↑21.27%)₹1,533.40Cr (↑24.03%)
Total Liabilities₹217.56Cr (-)₹250.49Cr (↑15.14%)₹314.04Cr (↑25.37%)₹385.82Cr (↑22.86%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹77.78Cr (-)₹214.89Cr (↑176.28%)₹136.94Cr (↓36.27%)₹93.23Cr (↓31.92%)₹263.87Cr (↑183.03%)

Index Inclusions

Nifty Smallcap 250

₹16,700.50

-0.04 (-7.4%)

Nifty 500

₹21,680.25

-0.16 (-34.3%)

BSE 500

₹34,083.34

-0.16 (-53.44%)

S&P BSE 400 MidSmallCap

₹11,515.38

0.04 (4.9%)

BSE IT Sector

₹41,746.66

-2.48 (-1063.31%)

S&P BSE 250 SmallCap

₹6,677.71

-0.04 (-2.74%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

Nifty MidSmallcap 400

₹18,978.85

0.06 (10.9%)

BSE Small-Cap

₹52,311.31

0.01 (2.64%)

Newgen Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
54.3%
0.00
Foreign Institutions
19.98%
11.97
Mutual Funds
2.95%
-23.39
Retail Investors
16.53%
-6.08
Others
6.24%
-2.57

Newgen Key Indicators

Details20202021202220232024
Earning Per Share (₹)5.279.1311.8112.7118
Details20202021202220232024
Return On Equity %13.0420.2722.2519.8622.93
Details20202021202220232024
Return On Assets %8.9714.8616.1114.3216.41
Details20202021202220232024
Book Value Per Share (₹)39.7448.0358.3470.5387.53

Newgen Valuation

Newgen in the last 5 years

  • Overview

  • Trends

Lowest (7.17x)

March 23, 2020

Industry (39.74x)

January 17, 2025

Today (76.88x)

January 17, 2025

Highest (85.11x)

January 15, 2025

LowHigh

Newgen Earnings and Dividends

  • Newgen Software Technologies Ltd Earnings Results

    Newgen Software Technologies Ltd’s net profit jumped 47.16% since last year same period to ₹70.33Cr in the Q2 2024-2025. On a quarterly growth basis, Newgen Software Technologies Ltd has generated 47.85% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Newgen Software Technologies Ltd Dividends April,2024

    In the quarter ending March 2024, Newgen Software Technologies Ltd has declared dividend of ₹4 - translating a dividend yield of 0.57%.

    Read More about Dividends

Newgen Technicals Summary

Bearish

Neutral

Bullish

Neutral

Newgen Software Technologies Ltd is currently in a Neutral trading position according to technical analysis indicators.

FAQs on Newgen Software Technologies Ltd

Newgen Software Technologies Ltd share price today stands at ₹1586.1, Open. ₹1628 ; Previous Close. ₹1628.7 ; High. ₹1628.15 ; Low. ₹1566.65 ; 52 Week High. ₹1798.9 ; 52 Week Low: ₹676.05.

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Newgen Software Technologies Ltd is listed on NSE

Newgen Software Technologies Ltd is listed on BSE

  • Today’s highest price of Newgen Software Technologies Ltd is ₹1628.15.
  • Today’s lowest price of Newgen Software Technologies Ltd is ₹1566.65.

PE Ratio of Newgen Software Technologies Ltd is 76.88

PE ratio = Newgen Software Technologies Ltd Market price per share / Newgen Software Technologies Ltd Earnings per share

Today’s traded volume of Newgen Software Technologies Ltd(NEWGEN) is 3.44L.

Today’s market capitalisation of Newgen Software Technologies Ltd(NEWGEN) is ₹22849.33Cr.

Newgen Software Technologies Ltd(NEWGENPrice
52 Week High
₹1798.9
52 Week Low
₹676.05

Newgen Software Technologies Ltd(NEWGEN) share price is ₹1586.1. It is down -11.83% from its 52 Week High price of ₹1798.9

Newgen Software Technologies Ltd(NEWGEN) share price is ₹1586.1. It is up 134.61% from its 52 Week Low price of ₹676.05

Newgen Software Technologies Ltd(NEWGENReturns
1 Day Returns
-42.6%
1 Month Returns
5.85%
3 Month Returns
26.12%
1 Year Returns
89.94%