NEWGENNSENewgen Software Technologies Limited· IT - SoftwareHighPositive
Announced Wed, 6 May, 2026 · 22:36 IST

Newgen Software Technologies Limited has informed the Exchange about receiving of Material Order of Rs. 14.47 Cr.

Export Order Hard CurrencyBusiness Updates View source PDFExplain this filing

NEWGEN · price

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Price reactionminutes from the announcement price · days from the prior close
+1.0%Reaction day
₹493.90
prior close
₹497.00
announcement price
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Nifty Smallcap 250market · index membership as recorded later (tracked since Jun 2026)+1.0%+0.0% vs market
Computers - Software & Consulting peers, median of 66sector-0.1%+1.2% vs sector

On the reaction day the stock moved in line with Nifty Smallcap 250 and 1.2 pts more than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Newgen Software Technologies (UK) Limited, a wholly owned subsidiary, has executed a Statement of Work with an overseas customer in the United Kingdom. The order is for software licenses, cloud services, and implementation services using Newgen's Enterprise Content Management platform. The total contract value is GBP £1,125,608, equivalent to Rs. 14.47 Crores. The project has a duration of 3.5 years. The customer name is withheld due to confidentiality reasons. The company has confirmed this is not a related party transaction.

Likely market impact

This international order in foreign currency (GBP) demonstrates Newgen's ability to win overseas enterprise deals, which could be positive for investor sentiment. The order size of Rs. 14.47 Crores represents meaningful revenue visibility over the 3.5-year contract period.