Newgen Software shares snap 4-day losing streak; soars 6% on order wins

Newgen Software shares snapped a four-day losing streak and currently trade at 18 times the average 30-day trading volume

Shares of Newgen Software Technologies rose over 6 per cent on Thursday after it won multiple orders with international and domestic entities. 

 

The software and consulting firm's stock rose as much as 6.1 per cent during the day to ₹928.9 per share, the biggest intraday rise since September 18 this year. Newgen Software's stock pared gains to trade 4.5 per cent higher at ₹915.5 apiece, compared to a 0.11 per cent advance in Nifty 50 as of 09:34 AM. 

 

Shares of the company snapped a four-day losing streak and currently trade at 18 times the average 30-day trading volume, according to Bloomberg. The counter has fallen 45 per cent this year, compared to a 6 per cent advance in the benchmark Nifty 50. Newgen Software has a total market capitalisation of ₹13,200.21 crore. 

 

Newgen Software bags multiple orders 

Newgen Software, through its wholly owned UK subsidiary, has executed a Master Service Agreement with Tata Consultancy Services N.V., Belgium, for cloud hosting, software licensing and implementation services, according to an exchange filing. The five-year contract, valued at Euro 4.22 million, entails providing a modernised cloud-based enterprise records management platform for an end customer.

 

Separately, the company has also received and accepted a purchase order from Kshema General Insurance Ltd in India for its Policy Administration System. The five-year domestic contract, valued at ₹21.24 crore including taxes, covers software licensing, implementation, and annual support services.  Track Stock Market Live Updates

Newgen Software Q1FY26 results

In the June 2025 quarter, the company reported a revenue from operations of ₹320.65 crore, down 25 per cent from ₹429.88 crore in the previous quarter ended March 31, 2025 (Q4FY25). The company's net profit for the period fell 54 per cent to ₹49.72 crore compared to ₹108.33 crore in the previous quarter. 

 

Newgen's revenue from the European business slipped to ₹103.4 crore from ₹138.56 crore in the March quarter. APAC revenue fell 29.6 per cent to ₹49.2 crore from ₹69.9 crore in the previous quarter.

 

On a yearly basis, the company's performance remained muted with marginal growth overall. Revenue from operations rose 1.8 per cent from ₹314.7 crore in the year-ago period. Net profit increased 4.4 per cent compared to ₹47.56 crore in the June 2024 quarter. 

 

Newgen Software Technologies specialises in software product development, offering end-to-end solutions that span workflow automation, document management, and imaging. The company's solutions enable document-intensive organisations such as finance and banking, insurance and government departments.