India's Newgen Software jumps on higher Q2 earnings
** Newgen Software Technologies NEWG.NS jumps 12% to three-month high of 1,005 rupees; top gainer among Nifty 500 .NIFTY500 companies ** Co's Q2 revenue rises 11% y/y, profit jumps 16% ** Sees rise in revenue across key geographies including India, EMEA, APAC, U.S. ** More than 5.6 million shares traded, ~6x the 30-day avg ** Stock rated "hold" on avg; median PT is 1,090.50 rupees, per data compiled by LSEG ** YTD, NEWG down 41% (Reporting by Vivek Kumar M) ((VivekKumar.M@thomsonreuters.com;))
Recent news on Newgen Software Technologies
See all newsBrief: Newgen Software Technologies Sept-Quarter Consol Net Profit 868.8 Million Rupees
Brief: Newgen Software Technologies Says Unit Executes Agreement For Document Management System In UK
Brief: Newgen Software Technologies Says Got Order Worth USD 1,791,140
Brief: Newgen Software Technologies June-Quarter Consol Net Profit 628.2 Million Rupees
Brief: Newgen Software Technologies Appoints Tarun Nandwani As CEO