Newgen Software Secures Major Foreign Order: Stock Surges 9%

Newgen Software receives a significant boost as its stock jumps 9% following a major foreign order. The company has delivered an impressive 21% return in the past month, making it a standout performer in the market.

The Indian stock market started well on Thursday. In early trade, the Sensex rose 418 points to 81,388, while the Nifty 50 was also trading 130 points higher at 24,745.

Amid this positive environment, the shares of Newsgen Software Technologies Limited also saw a tremendous rise. The stock jumped 9 per cent to ₹ 1,336 in intraday. However, there was profit booking in the second half of the day and the stock closed at ₹ 1,298, up about 3 per cent from the previous close of ₹ 1,224.

Why did the shares of Newsgen Software rise? Know the big reason
The company informed on June 4 that it had received an international order of $2.5 million (about ₹ 20.8 crores). This order is related to digital transformation. In this, the company has to implement enterprise workflow and content management systems for foreign clients, as well as provide long-term support services.

This 5-year contract has increased the positivity in the market about the long-term potential of the company.

Great returns in the last 1 and 3 months (Newgen Software)

Newgen Software shares have given tremendous returns to investors in recent months:

Around 21% return in 1 month
Around 27% return in 3 months
The stock is still trading below its 52-week high of ₹ 1,795, due to which it can still be considered in the discount zone.

Mutual funds and DIIs are showing trust

Due to consistently good performance and positive outlook, mutual funds and domestic institutional investors (DIIs) have increased their stake in the company:

Mutual fund stake increased to 3.17% in March 2025 from 3.08% in December 2024.

At the same time, DII stake has increased from 9.09% to 9.12%.

How was the Q4 (FY25) performance? (Newgen Software)

Newgen Software's performance in the March 2025 quarter:

Net profit: ₹108.3 crore (YoY growth 2.8%)

Revenue: ₹429.8 crore (YoY growth 14.5%)

In comparison, the company's net profit in the March 2024 quarter was ₹105.26 crore and revenue ₹375.2 crore.

Annual Performance: FY25 vs FY24
The FY25 figures also confirm the company's growth:

Net Profit: ₹315.2 crore (up 20.5% YoY)
Total Revenue: ₹1,486.8 crore (up 19.5% YoY)
In comparison, the company's net profit in FY24 was ₹251.6 crore and revenue was ₹1,243.8 crore.