Newgen Software Technologies is currently trading at Rs. 352.75, up by 3.70 points or 1.06% from its previous closing of Rs. 349.05 on the BSE.
The scrip opened at Rs. 364.00 and has touched a high and low of Rs. 364.00 and Rs. 350.35 respectively. So far 3820 shares were traded on the counter.
The BSE group ‘A’ stock of face value Rs. 10 has touched a 52 week high of Rs. 749.00 on 06-Jul-2021 and a 52 week low of Rs. 320.85 on 21-Jun-2022.
Last one week high and low of the scrip stood at Rs. 364.00 and Rs. 344.05 respectively. The current market cap of the company is Rs. 2467.69 crore.
The promoters holding in the company stood at 55.16%, while Institutions and Non-Institutions held 23.19% and 21.65% respectively.
Newgen Software Technologies has entered into partnership with Coforge, a global digital services and solutions provider to empower leading insurance firms, public sector organizations, and others in the US, Europe, and rest of the world.
This alliance brings together Coforge’s expertise and implementation resources strength with Newgen’s business insights and robust, secure, and scalable low code digital transformation platform -NewgenONE.
Newgen’s and Coforge’s combined capabilities will help organizations transform current processes, enhance operational efficiency, and gain a competitive edge over peers. Put together, business leaders will be able to leverage contextual content services (ECM), low code process automation (BPM), and omnichannel customer engagement (CCM) platforms to seamlessly manage their processes, content, and communications.
Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.