Newgen Software Technologies Ltd News
Newgen Software shares zoom 9% after accepting purchase order from RBI
On November 28, 2024, the company announced that it had received a purchase order from RBI to implement and maintain Regulatory Application Management System (RAMS)
 "Newgen Software shares zoom 9% after accepting purchase order from RBI")
Here's why Newgen Software shares were buzzing in trade on November 29
Newgen Software share price rose after the company revealed that it has received a purchase order from the RBI for the implementation and maintenance of the Regulatory Application Management System
 "Here's why Newgen Software shares were buzzing in trade on November 29")
Newgen Software Technologies Q2 results: PAT rises 47.2% to Rs 70.3 cr
Newgen Software Technologies on Tuesday reported a 47.19 per cent year-on-year increase in consolidated net profit to Rs 70.33 crore in the September quarter. It had posted a net profit of Rs 47.78 crore in the year-ago period. Revenue for the second quarter of the current fiscal year came in at Rs 361.15 crore, 23.16 per cent higher than Rs 293.23 crore a year earlier. "All our key markets have performed well during the quarter with APAC witnessing strong growth for two consecutive quarters now. While banking & financial services continue to be our core verticals, we saw increasing traction in the insurance and government segment in the quarter," Newgen Software CEO Virender Jeet said. The Noida-headquartered company's employee count stands at nearly 4,400. Shares of Newgen Software Technologies settled at Rs 1,298.45 apiece on the BSE on Tuesday, down 3.95 per cent from the previous close.
 "Newgen Software Technologies Q2 results: PAT rises 47.2% to Rs 70.3 cr")
Newgen Software surges 19% on heavy volumes; zooms 42% in two weeks
A combined 2.42 million equity shares, representing 1.73 per cent of the total equity of the company, had changed hands on the NSE and BSE till 11:21 AM.
 "Newgen Software surges 19% on heavy volumes; zooms 42% in two weeks")
Newgen Software stock price falls 7% on weak June quarter results
The fall in the stock price came after the company announced a weak set of June quarter results (Q1FY25).
 "Newgen Software stock price falls 7% on weak June quarter results")
Newgen Software shares price rises over 2% on inking $1.48 million pact
The uptick in share price came after Newgen Software announced that its US-based subsidiary has secured an order worth $1.48 million from a client
 "Newgen Software shares price rises over 2% on inking $1.48 million pact")
