Why

NEWGEN

is soaring today : 13 May 2025

Software Technologies is currently trading at Rs. 1136.00, up by 17.80 points or 1.59% from its previous closing of Rs. 1118.20 on the BSE. The scrip opened at Rs. 1119.80 and has touched a high and low of Rs. 1148.65 and Rs. 1119.80 respectively. So far 18219 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1795.50 on 15-Jan-2025 and a 52 week low of Rs. 740.05 on 07-Apr-2025. Last one week high and low of the scrip stood at Rs. 1148.65 and Rs. 1014.45 respectively. The current market cap of the company is Rs. 16058.88 crore. The promoters holding in the company stood at 53.78%, while Institutions and Non-Institutions held 28.49% and 17.73% respectively. Software Technologies’ a wholly owned subsidiary -- Newgen Software Technologies Company (incorporated in the Saudi Arabia) has executed agreements with a customer. The aggregate value of the aforesaid agreement is $1.632 million and to be executed within 1 years. Newgen Software Technologies is a software products company offering a platform that enables organisations to develop applications addressing their strategic business needs.