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Newgen Software Tech was the top gainer from the smallcap pack, offering 27% returns. It was closely followed by Max Estates and Shakti Pumps, both gaining 21% each.
IIMA successfully completes placement process for PGP Class of 2024, with recruiters including Tata Steel, NPCI, Jio Financial Services, Newgen Software Tech, Javis, BNP Paribas, Axis Bank, S&P Global. Firms spanned eight cohorts, with new recruiters Waree and Jio Financial Services. Increased participation and variety in job roles.
ICICI Securities is bullish on Newgen Software Technologies recommended buy rating on the stock with a target price of Rs 859 in its research report dated July 20, 2023.
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Revenue from the sale of products/license was reported at Rs49.8cr, up 37% yoy.