Newgen Software Stock Price Up Today After New Order Of $2.5 Million

Mumbai, June 5, 2025 — Shares of Newgen Software Technologies soared as much as 9% on Thursday, reaching ₹1,335.70 in intraday trading, following the announcement of a significant $2.5 million international order for digital transformation solutions.

Major Contract Win Boosts Market Sentiment

In a regulatory filing dated June 4, Newgen disclosed securing a five-year contract worth approximately ₹20.8 crore from an overseas client. The agreement involves the deployment of its Enterprise Workflow and Content Management System, including licensing, implementation, and support services. This strategic deal is expected to enhance digital capabilities across multiple business lines of the client, reinforcing Newgen’s global reputation in low-code and process automation platforms.

Robust Financial Performance

Followed by the deal news, Newgen posted financial results for Q4 and the full fiscal year FY25:

Q4 FY25 Highlights:

• Net profit rose 2.8% YoY to ₹108.3 crore
• Revenue increased by 14.5% YoY to ₹429.8 crore
• Sequential profit jumped 21.6%, revenue up 12.7%
• FY25 Annual Performance:
  • Net profit grew 20.5% YoY to ₹315.2 crore
  • Total revenue surged 19.5% to ₹1,486.8 crore, with strong contributions from APAC and US markets

Chairman and Managing Director Diwakar Nigam attributed the growth to an expanding customer base and robust contract wins. Notably, the number of large clients (billing over ₹5 crore) grew from 65 to 87 during the year.

Stock Performance Reflects Renewed Optimism

After tanking in April at ₹740.05, Newgen’s stock has staged a strong comeback, moving to restore the January 2025 glory when it hit a 52-week high of ₹1,795.50. Underscoring positive investor sentiment, it has gained 41% over the past year, including a 6% rise in June following a 25.4% surge in May.

Outlook

Newgen’s stock movement aligns with the company’s operational strength and global growth strategy. The combined effect of a high-value international order and steady earnings performance has reaffirmed the company’s position as a promising midcap IT player with strong global traction.

Source: Corporate Results

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