NEWGENCompany is almost debt free.
Company has given good quarter
Company has delivered good profit growth of 19.2% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 20.4%
16.15INR
1.76 BINR
9.74 BINR
22.51 M
About NEWGEN SOFTWARE TECHNOLOGIES L
Sector
Industry
CEO
Virender Jeet
Website
Headquarters
New Delhi
Employees (FY)
2.78 K
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 - Long Setup, Move is ON..NSE:NEWGEN
✅ #NEWGEN trading above Resistance of 1325
✅ Next Resistance is at 1839
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
D
NEWGENEntry: above 1460
SL: 1415
● EMA's : EMA 10 > EMA 21 > EMA 50 > EMA 150 > EMA 200.
● Rising EMA's
● Price retraced to EMA10 and started to move up
Newgen Software locks at 5% upper limitNewgen Software locks at 5% upper limit, hits new high on bonus issue plan
Around 19,000 equity shares have changed hands and there are pending buy orders for nearly 30,000 shares on the NSE and BSE, the data shows
Shares of Newgen Software Technologies hit a new high of Rs 1,304.70 as they were l
SWING Trade idea || Go Long in NEWGENFundamentally NEWGEN is a good stock and it has fallen more than 50% since All time High and currently at weekly support.
Risk/Reward Ratio is 9.39 which is excellent in this swing trade idea.
NEWGEN - Long Setup, Move is ON..NSE:NEWGEN
✅ #NEWGEN trading above Resistance of 946
✅ Next Resistance is at 1325
Related charts:
Charts are self-explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Discla
Resistance Breakout - NewGen SoftwarePlease look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1% - 2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please
Strong results, strong reaction and continues to move - NewGenGreat results yesterday that beat the estimates handsomly. The stock reacted positively (although the float isnt very high). Still awaiting analyst call but
Caters to mid tier banks and FI globally - this is a niche segment not fully explored by large IT firms
Their product is in vogue these d
ATH Breakout #Newgen Software
It is a global software Company and is engaged in the business of software product development #NEWGEN
-Market Cap₹ 7,418 Cr.
ROCE 24.0 %
InstHold 25.2 %
-#Q2 reports 59.3% Y/Y jump in Sept-qtr consolidated net profit; revenue from operations up nearly 30%
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Frequently Asked Questions
The current price of NEWGEN is 734.15 INR — it has decreased by 0.49% in the past 24 hours.
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 SOFTWARE TECHNOLOGIES L is going to release the next earnings report on May 29, 2024. Keep track of upcoming events with our Earnings Calendar.
NEWGEN stock is 2.77% volatile and has beta coefficient of 0.29. Check out the list of the most volatile stocks — is NEWGEN SOFTWARE TECHNOLOGIES L there?
One year price forecast for NEWGEN SOFTWARE TECHNOLOGIES L has a max estimate of 1070.00 INR and a min estimate of 858.00 INR.
NEWGEN earnings for the last quarter are 3.40 INR per share, whereas the estimation was 3.38 INR resulting in a 0.49% surprise. The estimated earnings for the next quarter are 4.63 INR per share. See more details about NEWGEN SOFTWARE TECHNOLOGIES L earnings.
NEWGEN SOFTWARE TECHNOLOGIES L revenue for the last quarter amounts to 2.93 B INR despite the estimated figure of 2.93 B INR. In the next quarter revenue is expected to reach 3.31 B INR.
Yes, you can track NEWGEN SOFTWARE TECHNOLOGIES L financials in yearly and quarterly reports right on TradingView.
NEWGEN stock has fallen by 9.07% compared to the previous week, the month change is a 2.68% rise, over the last year NEWGEN SOFTWARE TECHNOLOGIES L has showed a 217.81% increase.
NEWGEN net income for the last quarter is 683.50 M INR, while the quarter before that showed 477.86 M INR of net income which accounts for 43.03% change. Track more NEWGEN SOFTWARE TECHNOLOGIES L financial stats to get the full picture.
Today NEWGEN SOFTWARE TECHNOLOGIES L has the market capitalization of 103.50 B, it has increased by 2.88% over the last week.
Yes, NEWGEN dividends are paid annually. The last dividend per share was 5.00 INR. As of today, Dividend Yield (TTM)% is 0.34%. Tracking NEWGEN SOFTWARE TECHNOLOGIES L dividends might help you take more informed decisions.
NEWGEN SOFTWARE TECHNOLOGIES L dividend yield was 1.11% in 2022, and payout ratio reached 19.75%. The year before the numbers were 0.97% and 19.02% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
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.
As of Apr 19, 2024, the company has 2.78 K employees. See our rating of the largest employees — is NEWGEN SOFTWARE TECHNOLOGIES L on this list?
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 sell today, and its 1 week rating is neutral. 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.
We've gathered analysts' opinions on NEWGEN SOFTWARE TECHNOLOGIES L future price: according to them, NEWGEN price has a max estimate of 1070.00 INR and a min estimate of 858.00 INR. Read a more detailed NEWGEN SOFTWARE TECHNOLOGIES L forecast: see what analysts think of NEWGEN SOFTWARE TECHNOLOGIES L and suggest that you do with its stocks.
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NEWGEN SOFTWARE TECHNOLOGIES L EBITDA is 2.63 B INR, and current EBITDA margin is 22.40%. See more stats in NEWGEN SOFTWARE TECHNOLOGIES L financial statements.