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Newgen Software shines on bagging order for license product, implementation and support services

22 Aug 2023 Evaluate

Newgen Software Technologies is currently trading at Rs. 965.70, up by 51.05 points or 5.58% from its previous closing of Rs. 914.65 on the BSE.

The scrip opened at Rs. 927.60 and has touched a high and low of Rs. 1000.00 and Rs. 917.20 respectively. So far 43706 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1000.00 on 22-Aug-2023 and a 52 week low of Rs. 327.95 on 10-Nov-2022.

Last one week high and low of the scrip stood at Rs. 1000.00 and Rs. 880.00 respectively. The current market cap of the company is Rs. 6866.15 crore.

The promoters holding in the company stood at 55.16%, while Institutions and Non-Institutions held 23.56% and 21.28% respectively.

Newgen Software Technologies has received a purchase order for the License Product, implementation and support services. The aggregate value of the aforesaid purchase order is $9,90,000 plus applicable taxes. The said order is expected to be completed in three years. 

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 2079.00
Infosys 997.30
HCL Technologies 1262.50
Wipro 163.60
Tech Mahindra 1543.55
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