Good Results and momentum pickStock had given a breakout after a long pause.Keep in your watch list for long entry.
Next report date
—
Report period
—
EPS estimate
—
Revenue estimate
—
20.85 INR
2.52 B INR
12.44 B INR
22.64 M
About NEWGEN SOFTWARE TECH LTD
Sector
Industry
CEO
Virender Jeet
Website
Headquarters
New Delhi
Founded
1992
ISIN
INE619B01017
FIGI
BBG00JPWB5B4
Newgen Software Technologies Ltd. engages in the provision of software development products. The firm offers services relating to enterprise content management, business process management, and customer communication management. It operates through the following geographical segments: India, Europe, Middle East and Africa, Asia Pacific, United States of America and Australia. The company was founded by Diwakar Nigam and T.S. Varadarajan in 1992 and is headquartered in New Delhi, India.
NEWGEN SOFTWARE TECH LTD S/R Support and Resistance Levels:
Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline.
Resistance Levels: Conversely, resistance levels (re
Newgen breakout ATH with volHave bought Newgen for Rs.1319 on Sept 20,2024.
Reason: Breakout ATH,after consolidation pervious week showed good volume and RSI above 70.
Newgen Software swing tradePros
- Near 52 wk/ATH
-20% down from ATH
-sector tailwind
-High RS
-Shakeout at MA
-Support at 50 DMA
-C&H OR VCP
-consolidation of >2 months
- Volume dryup in Base
- New high in RS
Cons:
-Results on 18th
-dividend on 18th
NEWGEN | SWING | LONG Price is making a nice base on daily TF
Base over Base structure
Weekly up-trending structure followed by 20 EMA.
Needs a contraction on smaller TF to execute an entry
Newgen software - Breakout expected. Best above 1078NewGen - Sector tailwind in IT Stocks.
The stock is nearing a breakout. One can wait till 1078 for safe entry
with strict stop loss of 936.
Disclaimer : Educational content. Please do your own research
NEWGEN Analysis NEWGEN pullback to the inclined trendline and made a bullish engulfing pattern with above average volumes.
Newgen softwareBreakout retest and confluence of support
Rsi bullish hidden divergence.
price took support at 61.8% fib level
bullish marabuzo candle
Keep eye on Newgen Its potential brekout ?
Chart explains itself
MACD crossover
Target 950, 1050
SL 3% 0r 810
begin with partial quantity since breakout has not happend yet.
if market falls, exit the trade
STrictly educational purpose only
NEWGENExpecting short fall if breaks latest channel.
If market take support from channel it will boost to increase buying pressure.
See all ideas
An aggregate view of professional's ratings.
Displays a symbol's price movements over previous years to identify recurring trends.
Frequently Asked Questions
The current price of NEWGEN is 1,101.80 INR — it has decreased by −0.31% in the past 24 hours. Watch NEWGEN SOFTWARE TECH LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on NSE exchange NEWGEN SOFTWARE TECH LTD stocks are traded under the ticker NEWGEN.
NEWGEN stock has fallen by −7.80% compared to the previous week, the month change is a −11.58% fall, over the last year NEWGEN SOFTWARE TECH LTD has showed a 63.96% increase.
We've gathered analysts' opinions on NEWGEN SOFTWARE TECH LTD future price: according to them, NEWGEN price has a max estimate of 1,500.00 INR and a min estimate of 1,260.00 INR. Watch NEWGEN chart and read a more detailed NEWGEN SOFTWARE TECH LTD stock forecast: see what analysts think of NEWGEN SOFTWARE TECH LTD and suggest that you do with its stocks.
NEWGEN reached its all-time high on Sep 26, 2024 with the price of 1,548.00 INR, and its all-time low was 48.00 INR and was reached on Mar 23, 2020. View more price dynamics on NEWGEN chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
NEWGEN stock is 3.22% volatile and has beta coefficient of 1.29. Track NEWGEN SOFTWARE TECH LTD stock price on the chart and check out the list of the most volatile stocks — is NEWGEN SOFTWARE TECH LTD there?
Today NEWGEN SOFTWARE TECH LTD has the market capitalization of 154.74 B, it has decreased by −7.98% over the last week.
Yes, you can track NEWGEN SOFTWARE TECH LTD financials in yearly and quarterly reports right on TradingView.
NEWGEN SOFTWARE TECH LTD is going to release the next earnings report on Jan 21, 2025. Keep track of upcoming events with our Earnings Calendar.
NEWGEN earnings for the last quarter are 4.95 INR per share, whereas the estimation was 4.07 INR resulting in a 21.62% surprise. The estimated earnings for the next quarter are 5.50 INR per share. See more details about NEWGEN SOFTWARE TECH LTD earnings.
NEWGEN SOFTWARE TECH LTD revenue for the last quarter amounts to 3.61 B INR, despite the estimated figure of 3.58 B INR. In the next quarter, revenue is expected to reach 4.03 B INR.
NEWGEN net income for the last quarter is 703.32 M INR, while the quarter before that showed 475.70 M INR of net income which accounts for 47.85% change. Track more NEWGEN SOFTWARE TECH LTD financial stats to get the full picture.
Yes, NEWGEN dividends are paid annually. The last dividend per share was 4.00 INR. As of today, Dividend Yield (TTM)% is 0.36%. Tracking NEWGEN SOFTWARE TECH LTD dividends might help you take more informed decisions.
NEWGEN SOFTWARE TECH LTD dividend yield was 0.50% in 2023, and payout ratio reached 22.20%. The year before the numbers were 1.11% and 19.66% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Nov 21, 2024, the company has 4.41 K employees. See our rating of the largest employees — is NEWGEN SOFTWARE TECH LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. NEWGEN SOFTWARE TECH LTD EBITDA is 3.30 B INR, and current EBITDA margin is 23.52%. See more stats in NEWGEN SOFTWARE TECH LTD financial statements.
Like other stocks, NEWGEN shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade NEWGEN SOFTWARE TECH LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So NEWGEN SOFTWARE TECH LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating NEWGEN SOFTWARE TECH LTD stock shows the buy signal. See more of NEWGEN SOFTWARE TECH LTD technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.