Newgen Software Technologies surged over 8% today

Newgen Software Technologies surged over 8% today after announcing strong Q2 FY’26 results and major leadership changes. Tarun Nandwani has been appointed CEO, and Pramod Kumar joins as Chief Growth Officer to drive global expansion. The company reported ₹400.79 crore in revenue and ₹81.74 crore profit after tax, marking a 64% QoQ jump. 🧭 Key Highlights Leadership transition: Tarun Nandwani takes over as CEO, succeeding Virender Jeet. New role creation: Pramod Kumar appointed Chief Growth Officer to accelerate global market expansion. Financial performance: Revenue: ₹400.79 crore, up 24.99% QoQ. Operating profit: ₹93.29 crore, up 159.58% QoQ. Profit after tax: ₹81.74 crore, up 64.40% QoQ. Operating margin: 23.28%, showing strong cost control. Stock movement: Shares rose 8.4% to ₹567.10 on NSE, with high trading volume (10.5 million shares). AI-driven strategy: Focus on “Orchestrating Intelligent Enterprises” — integrating AI, automation, and content management on a unified platform.