NEWGEN SOFTWARE BULLISH FLAGThis stock has formed a bullish flag pattern and breakout confirmed after taking support at the bottom trendline can expect this stock to move up in coming weeks.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
20.85 INR
2.52 B INR
12.44 B INR
22.64 M
About NEWGEN SOFTWARE TECH LTD
Sector
Industry
CEO
Virender Jeet
Website
Headquarters
New Delhi
Founded
1992
ISIN
INE619B01017
FIGI
BBG00JPWB588
Newgen Software Technologies Ltd. engages in the provision of software development products. The firm offers services relating to enterprise content management, business process management, and customer communication management. It operates through the following geographical segments: India, Europe, Middle East and Africa, Asia Pacific, United States of America and Australia. The company was founded by Diwakar Nigam and T.S. Varadarajan in 1992 and is headquartered in New Delhi, India.
NEWGEN Approaching Upper Trendline in Rising Channel
✅ The stock has been trading within a well-defined rising channel, with the price currently nearing the upper trendline around ₹1,120. This suggests potential for a breakout if bullish momentum continues.
✅ The RSI is trending upwards and is around 68, indicating growing bullish momentum. The sto
NEWGEN - Symmetrical triangle Breakout -DailyName - NEWGEN
Pattern - Symmetrical triangle Breakout
Timeframe - Daily
Volume - Good volume
Cmp - 1191
Can test - 1337
SL - 1090
Always welcome for any comments with your feedback or give it a like if you find it useful.
Here’s a summary of Newgen Software Technologies Ltd’
BUY TODAY SELL TOMORROW for 5% By Kapil-MittalDON’T HAVE TIME TO MANAGE YOUR TRADES?
- Take BTST trades at 3:25 pm every day
- Try to exit by taking 4-7% profit of each trade
- SL can also be maintained as closing below the low of the breakout candle
Now, why do I prefer BTST over swing trades? The primary reason is that I have observed that
VCP BreakOut on DTF 📊 Script: NEWGEN
Key highlights: 💡⚡
📈 Script is giving VCP BreakOut on daily chart.
📈Volume Dry before BreakOut
📈MACD Crossover
📈 RS Line Making 52WH
📈 One can go for Swing Trade.
BUY ONLY ABOVE 1194
⏱️ C.M.P 📑💰- 1191
🟢 Target 🎯🏆 – 22%
⚠️ Stoploss ☠️🚫 – 11%
⚠️ Important: Always maintain your R
VCP PATTERNprice has forming VCP method.Near the resistance it observing all sellers if price breakout from here it will move more higher
NEWGEN ATH + BO LongDate : 13-07-2024
-------------------------------------
BO + ATH RESEARCH TO OBSERVE
NEWGEN Looks Good ABOVE 1060
SL 692
Target 1156, 1355, 1554
Hold few Weeks to Months
Please consult your financial advisor before investing
All research for educational purposes only.
Newgen Software Tech, ready to move?Back to back Inverted Head n Shoulder (IHnS) continuous pattern
-Vol kicked in, now drying (good sign: accumulation happening, sellers exhausting)
-Good shakeout and recover very fast
NEWGEN will bullishNEWGEN will bullish , consolidate on 9 EMA + good QTR result , high volume at big time frame
educational purposes only
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of NEWGEN is 1,261.70 INR — it has decreased by −1.69% in the past 24 hours. Watch NEWGEN SOFTWARE TECHNOLOGIES L stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange NEWGEN SOFTWARE TECHNOLOGIES L stocks are traded under the ticker NEWGEN.
NEWGEN stock has risen by 3.29% compared to the previous week, the month change is a 4.12% rise, over the last year NEWGEN SOFTWARE TECHNOLOGIES L has showed a 112.05% increase.
We've gathered analysts' opinions on NEWGEN SOFTWARE TECHNOLOGIES L future price: according to them, NEWGEN price has a max estimate of 1,500.00 INR and a min estimate of 1,260.00 INR. Watch NEWGEN chart and read a more detailed NEWGEN SOFTWARE TECHNOLOGIES L stock forecast: see what analysts think of NEWGEN SOFTWARE TECHNOLOGIES L and suggest that you do with its stocks.
NEWGEN reached its all-time high on Sep 26, 2024 with the price of 1,547.20 INR, and its all-time low was 48.10 INR and was reached on Mar 23, 2020. View more price dynamics on NEWGEN chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
NEWGEN stock is 3.65% volatile and has beta coefficient of 1.30. Track NEWGEN SOFTWARE TECHNOLOGIES L stock price on the chart and check out the list of the most volatile stocks — is NEWGEN SOFTWARE TECHNOLOGIES L there?
Today NEWGEN SOFTWARE TECHNOLOGIES L has the market capitalization of 181.13 B, it has decreased by −2.86% over the last week.
Yes, you can track NEWGEN SOFTWARE TECHNOLOGIES L financials in yearly and quarterly reports right on TradingView.
NEWGEN SOFTWARE TECHNOLOGIES L is going to release the next earnings report on Jan 21, 2025. Keep track of upcoming events with our Earnings Calendar.
NEWGEN earnings for the last quarter are 4.95 INR per share, whereas the estimation was 4.07 INR resulting in a 21.62% surprise. The estimated earnings for the next quarter are 5.50 INR per share. See more details about NEWGEN SOFTWARE TECHNOLOGIES L earnings.
NEWGEN SOFTWARE TECHNOLOGIES L revenue for the last quarter amounts to 3.61 B INR, despite the estimated figure of 3.58 B INR. In the next quarter, revenue is expected to reach 4.03 B INR.
NEWGEN net income for the last quarter is 703.32 M INR, while the quarter before that showed 475.70 M INR of net income which accounts for 47.85% change. Track more NEWGEN SOFTWARE TECHNOLOGIES L financial stats to get the full picture.
Yes, NEWGEN dividends are paid annually. The last dividend per share was 4.00 INR. As of today, Dividend Yield (TTM)% is 0.31%. Tracking NEWGEN SOFTWARE TECHNOLOGIES L dividends might help you take more informed decisions.
NEWGEN SOFTWARE TECHNOLOGIES L dividend yield was 0.50% in 2023, and payout ratio reached 22.20%. The year before the numbers were 1.11% and 19.66% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 8, 2024, the company has 4.41 K employees. See our rating of the largest employees — is NEWGEN SOFTWARE TECHNOLOGIES L on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NEWGEN SOFTWARE TECHNOLOGIES L EBITDA is 3.30 B INR, and current EBITDA margin is 23.52%. See more stats in NEWGEN SOFTWARE TECHNOLOGIES L financial statements.
Like other stocks, NEWGEN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NEWGEN SOFTWARE TECHNOLOGIES L stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NEWGEN SOFTWARE TECHNOLOGIES L technincal analysis shows the neutral today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NEWGEN SOFTWARE TECHNOLOGIES L stock shows the buy signal. See more of NEWGEN SOFTWARE TECHNOLOGIES L technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.