Newgen Software Tech stock rallies 7.6% on winning order worth $2.27 million 

Newgen Software Technologies Limited witnessed its share prices surging by 7.63% to a high of ₹1725 on Thursday as the company’s subsidiary secured an order worth $2.27 million from an international entity.

The order was bagged by the company’s wholly-owned subsidiary which has been incorporated in Saudi Arabia. The company has not disclosed the name of the international entity which has placed the order.

Newgen Software Technologies provides a comprehensive suite of business process and content management solutions, enabling organizations across sectors to automate workflows and enhance customer experiences.

On Thursday, the shares of Newgen Software Technologies Limited closed 5.21% higher at ₹1,686.20 as compared to the previous close of ₹1,602.65 on the National Stock Exchange.

Summary:

Newgen Software Technologies Limited stocks rose 7.63% as the company’s subsidiary secured an order worth $2.27 million from an international entity.