Mumbai, March 16: Newgen Software Technologies is witnessing a surge in its stock, currently trading at Rs. 455.00, reflecting an increase of 13.05 points or 2.95% from its previous close of Rs. 441.95 on the Bombay Stock Exchange (BSE).
The stock opened at Rs. 443.50, reaching a high of Rs. 468.00 and a low of Rs. 441.95 during the trading session. So far, 97,175 shares have changed hands.
This BSE group ‘A’ stock, with a face value of Rs. 10, has recorded a 52-week high of Rs. 1,379.15 on May 20, 2025, and a 52-week low of Rs. 437.00 on March 13, 2026. In the past week, the stock’s high and low were Rs. 472.95 and Rs. 437.00, respectively. The company’s current market capitalization stands at Rs. 6,489.69 crore.
Promoter holdings in Newgen Software are at 53.52%, while institutions and non-institutions hold 27.02% and 19.46%, respectively.
In a significant development, Newgen Software Technologies’ wholly-owned subsidiary, Newgen Software Technologies L.L.C, based in Dubai, has signed an agreement with a prominent bank in Kuwait. This deal, valued at $2.22 million, encompasses software licensing, implementation, and ongoing product support. The agreement is set to be executed over the next two years.
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My name is Ganpat Singh Choughan. I am an experienced content writer with 7 years of expertise in the field. Currently, I contribute to Daily Kiran, creating engaging and informative content across a variety of categories including technology, health, travel, education, and automobiles. My goal is to deliver accurate, insightful, and captivating information through my words to help readers stay informed and empowered.
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