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Malabar India Fund hikes stake in Newgen Software Technologies

18 Sep 2018 Evaluate

Malabar India Fund has purchased 6,658 equity shares or 0.01% of Newgen Software Technologies through open market purchase on September 14, 2018. After this acquisition, the fund’s stake in the company has increased to 4,413,348 equity shares or 6.37% from 4,406,690 equity shares or 6.36%.

Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.


Peers
Company Name CMP
TCS 2109.70
Infosys 1025.00
HCL Technologies 1260.20
Wipro 164.10
Tech Mahindra 1538.90
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