Newgen Software bags USD 1.71 mn Philippines retail loan solution order

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NEWGEN · price

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Price reactionminutes from the announcement price · days from the prior close

-0.1%Reaction day

₹471.40

prior close

₹475.00

announcement price

After-mkt

timing

Nifty Smallcap 250market+0.5%-0.5% vs market

Computers - Software & Consulting peers, median of 66sector-0.1%-0.0% vs sector

On the reaction day the stock moved 0.5 pts less than Nifty Smallcap 250 and in line with its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+2.1

10m

+2.2

15m

+1.9

30m

+1.8

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.1+0.5-0.5-0.1-0.0

Next day

+2.5+1.5+1.0+1.1+1.3

+1.8+1.6+0.3+0.4+1.5

+2.1+2.0+0.1+1.3+0.8

+1.9+1.3+0.6+0.3+1.6

-1.0-0.7-0.3-0.5-0.4

+9.5+2.2+7.3+1.2+8.3

15d

+13.5+0.8+12.7+0.6+12.8

+19.0+2.5+16.4+7.6+11.3

+12.5+3.6+8.9+1.0+11.5

-3.1-0.7-2.4-5.6+2.5

UpDownMarket · Nifty Smallcap 250Sector · Computers - Software & Consulting peers, median of 66Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Newgen Software Technologies has received a Letter of Award worth USD 1.71 million (about Rs 16.19 crore) from an overseas entity in the Philippines for a Retail Loan Origination Solution. The contract runs for 5 years. The customer name is withheld for confidentiality. There is no promoter or group company interest in the counterparty, and it is not a related party transaction.

Likely market impact

Positive export order win in hard currency, supports international revenue growth though deal size is modest for the company.