Newgen Software Technologies Ltd.

Newgen Software Technologies is currently trading at Rs. 309.30, up by 9.55 points or 3.19% from its previous closing of Rs. 299.75 on the BSE.

The scrip opened at Rs. 309.00 and has touched a high and low of Rs. 314.35 and Rs. 307.65 respectively. So far 1790 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 349.00 on 20-Nov-2018 and a 52 week low of Rs. 205.25 on 08-Oct-2018.

Last one week high and low of the scrip stood at Rs. 314.35 and Rs. 296.00 respectively. The current market cap of the company is Rs. 2146.31 crore.

The promoters holding in the company stood at 66.34%, while Institutions and Non-Institutions held 19.03% and 14.64% respectively.

Newgen Software Technologies has received patents entitled for ‘A Method and System for Automatic Data Extraction’ and ‘Automated Identification of Nature of a User in a Network Based System’. The invention titled A Method and System for Automatic Data Extraction empowers organizations to extract handwritten information from documents. This will help financial institutions to easily verify signatures on a cheque image, facilitating a seamless cheque-clearing cycle.

The invention titled Automated Identification of Nature of a User in a Network Based System overcomes the existing challenges faced by current captcha systems. The invention titled Automated Identification of Nature of a User in a Network Based System overcomes the existing challenges faced by current captcha systems.

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