Newgen Wins 3 Big Orders In 3-Days, Why Shares Slipped 44.5%?

Newgen Software Technologies share price will remain in the spotlight on April 1, 2025 as the company bagged to big orders from international clients. The IT stock slipped 1.50% in last 1-week and jumped 348.8% in last 2-years. Last trading price of Newgen Software share price stood at Rs 994.80 per share as on March 28, 2025. The company has a market capitalisation of Rs 14,088.87 crore. Its return on equity stood at 24.24%. Goldman Sachs Funds – Goldman Sachs India has 2.92% stake in Newgen. Meanwhile, FII/FPI’s stake in the company rose from 19.97% to 20.31% for December 2024 quarter. Check more details below:

Newgen Software Technologies Wins Order From Singapore

According to the March 29, 2025 regulatory filing, “We hereby inform you that Newgen Software Technologies Pte. Ltd. a wholly owned subsidiary of the Newgen Software Technologies Limited (“the Company”) incorporated in the Singapore has executed an agreement with a customer. The aggregate value of the aforesaid agreement is Singapore $ 1,588,910/-.” The order has to be executed in 3-years.

Newgen Wins 3 Big Orders In 3-Days, Why Shares Slipped 44.59% From Peak

Newgen Software Receives Rs 35,30,97,005/- Order

The BSE filing dated March 29, 2025 stated, it received and accepted Purchase Order received from a Customer for supply, and maintenance of Centralized Trade Finance (CTF) solution including customer web portal. The aggregate implementation, integration, management value of the aforesaid purchase order is Rs. 35,30,97,005/- (inclusive of taxes).”

Newgen Wins USD 1,270,000 Order On March 31, 2025

The exchange filing added, “We hereby inform you that Newgen Software Inc. (NSI), a wholly owned subsidiary of the Newgen Software Technologies Limited (“the Company”) incorporated in the USA, has executed an agreement with a customer. The aggregate value of the aforesaid agreement is USD 1,270,000.”

Newgen Software Shares Performance

The 52-week high price of Newgen Software shares on BSE stood at Rs 1,795.50 per share (as on 15/01/2025) and 52-week low price is Rs 626.05 per share (as on 15/04/2024), respectively. Newgen Software shares fell 41.75% year-to-date, fell 29.89% in last 6-months, and zoomed 25.20% in last 1-year. In last 5-years, Newgen Software stock offered highest returns of 1660.71% in last 5-years.

Newgen Q3 Results

The company on January 20, 2025 declared its Q3 results. It declared a surge of 30.8% YoY in its consolidated net profit to Rs 89 crore for the December quarter, amid strong operational performance and improved margins. It had declared its profit at Rs 68 crore during the corresponding quarter of last year, as per the BSE filing. Revenue from operations for December 2024 quarter stood at Rs 381 crore, highlighting a growth of 17.7% from Rs 323.6 crore declared in the year-ago tenure. Sequentially, the company posted a growth in revenue by 27% and 5.54%, respectively.

Why Newgen Software Shares Slip 44.59% From 52-Week High?

Newgen Software shares slipped 44.59% from 52-week high price of 1795.50 per share, if last trading price of Rs 994.80 per share is considered. Brokerage firm Jefferies slashed its financial year 2025 – 2027 Earnings per Share (EPS) estimates by 4% to 6% to factor in the slower revenue growth. The analyst anticipates Newgen’s EPS to see a Compounded Annual Growth Rate (CAGR) of 23% during this period. The company for the December quarter announced a 5.5% surge in its topline as compared to September. The company’s net profit zoomed to Rs 83.70 crore for December 2024 quarter from Rs 65.87 crore in Sept 2024 quarter.

Newgen Dividend History

It recommended a total of 7 dividends since August 1, 2018. In last 1-year, Newgen Software announced an equity dividend amounting to Rs 4.00 per share. Newgen Software Technologies offers a dividend yield of 0.41%.

Newgen Bonus Share History

Newgen declared bonus share once since 2024. The company’s last bonus share was announced in the ratio of 1:1 with ex-date set as January 12, 2024.

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