Page 11 - Newgen Software News Today

Newgen Software shares zoomed 6.13% to an all-time high of Rs 724.60 on BSE on Wednesday. Newgen Software stock opened higher at Rs 685.

Mastek reported a net profit of INR 70 crore in the first quarter, down 9% YoY on the back of stronger competition and macroeconomic challenges. The company saw a 27% YoY increase in revenues to INR 725 crore, driven by demand for the companys digital and cloud transformation services.

Newgen Software stock hit a record high of Rs 757.20, rising 10.91% intraday on BSE. Newgen Software stock opened higher at Rs 685. Market cap of the firm rose to Rs 5027 crore.

Shares of multibagger Titagarh Rail Systems Ltd hit their all-time high today. With today’s rally, the stock has zoomed 394% from its 52-week low of Rs 120.25 hit on August 4 last year. The shares of the railway wagon manufacturer touched an all-time high of Rs 594.80, rising 9.95% on BSE today. However, HSBC Global Research sees more upside to the stock. It has initiated coverage on the railway stock with a buy call with a target price of Rs 730.  

On Wednesday, 1998 stocks advanced, 1413 declined and 126 remained unchanged on the Bombay Stock Exchange (BSE), with an advance decline ratio of 1.41 indicating a positive closing of stocks in broader markets. Despite the markets present high levels, record-breaking action continued, and domestic investors still have faith in the Indian economy.

Indian stock market benchmark Nifty is expected to reach the 21,000 mark within the next 6-9 months, according to a report by ICICI Direct. The firm said that the last four general elections resulted in the 50-stock index gaining a minimum of 11% in the electoral year, citing history as evidence.

Bank of India, Ceat to turn ex-dividend, PM Modi’s US visit in top news today. HMA Agro Industries IPO, HDFC AMC shares after block deal, Nifty, markets outlook, Jagannath Puri Rath Yatra in focus.

/PRNewswire/ -- Newgen Software, a global provider of low code digital transformation platform, announced that RAKBANK, a leading financial institution in the...

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The global BPM-Platform-Based Case Management Framework market has experienced significant growth in recent years, driven by increasing purchasing pow