Announced Mon, 29 Jun · 20:43 IST
Newgen Software wins Rs 15.59 cr order from Annapurna Finance
Business Updates View source PDF
NEWGEN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
+1.1%1-day move
₹466.00
prior close
₹470.00
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
-0.7+0.2+0.3-0.6+1.1+3.6+3.0+3.3+3.1+1.7+16.5———
Up moveDown movePending
AI summary
Newgen Software Technologies has received a Purchase Order worth Rs 15.59 crore from Annapurna Finance Private Limited for implementation and maintenance of a Loan Origination and Collections System. The 5 year contract includes perpetual licensing, implementation, and support services. The order is from a domestic Indian entity. No promoter or group company interest in the counterparty.
Likely market impact
Positive order win adds to revenue pipeline; domestic BFSI client strengthens order book visibility over the 5 year period.