Newgen Software Technologies Ltd(NSE: NEWGEN): Newgen Software Technologies Ltd is going to trade as X-Bonus stock in the stock market today i.e. on 12th January.
The company is giving 1 share per share as a bonus to its investors. The price of the company’s shares on Thursday was Rs 1552.60.
Over the last 3 months, the share of Newgen Software Technologies has given a 74.81% return so far.
Record Date Today
The company had said in the information given to the stock exchanges that 1 share with a face value of Rs 10 would be given as a bonus.
The 12th of January, 2023 was designated as the record date. That means today only the investor whose name will be in the record book of the company will get the benefit of bonus shares.
Money Doubled In 6 Months
The share prices of this bonus share-distributing company have seen an increase of more than 11 percent in the last month.
At the same time, the stock has doubled the money of positional investors in 6 months. During this period, the shares of Newgen Technologies have increased by 148 percent.
330% Return In 1 Year
The share price of Newgen Software Technologies Ltd has been successful in giving a return of 330 percent in the last year.
A 52-week high for the company is Rs 1651 for each share. And the 52-week low level is Rs 357.10 per share. The market cap is Rs 11,453 crore.
For the first time, the company has decided to offer bonuses to investors. Before this, the company has given dividends to eligible investors 6 times.
About Newgen Software Technologies
The company provides enterprise-level software for managing content, which oversees the process of distributing corporate content,
from its creation to dispersal Business process management software that streamlines business processes across the whole enterprise using processes automation software; and software for managing customer communications.
It provides solutions in information technology that allows businesses to manage customer communications including emails, SMS printing, web and email.
It also offers case management, a computer-based approach to handling business-related cases & digital process automation and hyper-automation, which provides an automated end-to-end solution to businesses in real time.
It also serves insurance companies, financial institutions healthcare government, telecom and shared services, outsourcing of business processes as well as other sectors.
Fundamental Analysis of Newgen Software Technologies
| Market Cap | ₹ 11,453 Cr. |
| Current Price | ₹ 817 |
| 52-wk High | ₹ 826 |
| 52-wk Low | ₹ 182 |
| Stock P/E | 58.9 |
| Book Value | ₹ 69.2 |
| Dividend | 0.31 % |
| ROCE | 24.0 % |
| ROE | 20.0 % |
| Face Value | ₹ 10.0 |
| P/B Value | 11.8 |
| OPM | 22.6 % |
| EPS | ₹ 13.9 |
| Debt | ₹ 35.8 Cr. |
| Debt to Equity | 0.04 |
Newgen Software Technologies Share Price Target 2024 To 2030
| Year | 1st Target | 2nd Target |
| 2024 | ₹800 | ₹1100 |
| 2025 | ₹1145 | ₹1200 |
| 2026 | ₹1249 | ₹1355 |
| 2027 | ₹1400 | ₹1450 |
| 2028 | ₹1500 | ₹1670 |
| 2029 | ₹1800 | ₹2000 |
| 2030 | ₹2100 | ₹2350 |
Newgen Software Technologies Shareholding Pattern
| Promoters Holding | |
| Sept 2022 | 55.16% |
| Dec 2022 | 55.16% |
| Mar 2023 | 55.16% |
| June 2023 | 55.16% |
| Sept 2023 | 55.16% |
| FII Holding | |
| Sept 2022 | 15.62% |
| Dec 2022 | 13.18% |
| Mar 2023 | 13.99% |
| June 2023 | 15.34% |
| Sept 2023 | 15.92% |
| DII Holding | |
| Sept 2022 | 6.06% |
| Dec 2022 | 8.05% |
| Mar 2023 | 8.18% |
| June 2023 | 8.22% |
| Sept 2023 | 9.23% |
| Public Holding | |
| Sept 2022 | 22.67% |
| Dec 2022 | 23.16% |
| Mar 2023 | 22.25% |
| June 2023 | 20.90% |
| Sept 2023 | 19.37% |
| Others Holding | |
| Sept 2022 | 0.49% |
| Dec 2022 | 0.45% |
| Mar 2023 | 0.43% |
| June 2023 | 0.38% |
| Sept 2023 | 0.31% |
Newgen Software Technologies Share: Last 5 Years’ Financial Condition
To gain a better understanding of how the market is performing, let’s look at the outlook of this share in the previous years.
However, investors should be aware of the risks and the market conditions before making any investment decision.
Last 5 Years’ Sales:
| 2019 | ₹552 Cr |
| 2020 | ₹577 Cr |
| 2021 | ₹610 Cr |
| 2022 | ₹711 Cr |
| 2023 | ₹1,006 Cr |
Last 5 Years’ Net Profit:
| 2019 | ₹96 Cr |
| 2020 | ₹66 Cr |
| 2021 | ₹118 Cr |
| 2022 | ₹156 Cr |
| 2023 | ₹194 Cr |
Last 5 Years’ Debt-To-Equity Ratio:
| 2019 | 0.16 |
| 2020 | 0.14 |
| 2021 | 0 |
| 2022 | 0.01 |
| 2023 | 0 |
Last 10 Years’ Profit Growth:
| 10 Years: | 18% |
| 5 Years: | 19% |
| 3 Years: | 37% |
| Current Year: | 32% |
Last 10 years’ Return on Equity (ROE):
| 10 Years: | 20% |
| 5 Years: | 20% |
| 3 Years: | 21% |
| Last Year: | 20% |
Last 10 Years’ Sales Growth:
| 10 Years: | 17% |
| 5 Years: | 14% |
| 3 Years: | 15% |
| Current Year: | 31% |
Conclusion
This article is a complete guide about Newgen Software Technologies Ltd Share.
These information and forecasts are based on our analysis, research, company fundamentals and history, experiences, and various technical analyses.
Also, We have talked in detail about the share’s future prospects and growth potential.
Hopefully, these informations will help you in your further investment.
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Also Read: 20% Share Crash, Today Recover; Company Said “No Negative Impact”; Buying Start
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