Newgen Software (India) Today

NEWGEN Stock   1,102  8.05  0.73%   

Performance

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Odds Of Distress

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Newgen Software is trading at 1101.80 as of the 22nd of November 2024, a 0.73 percent decrease since the beginning of the trading day. The stock's open price was 1109.85. Newgen Software has a very small chance of experiencing financial distress in the next few years but had a somewhat weak performance during the last 90 days. Equity ratings for Newgen Software Technologies are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 26th of May 2024 and ending today, the 22nd of November 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
Newgen Software is entity of India. It is traded as Stock on NSE exchange. The company has 139.92 M outstanding shares. More on Newgen Software Technologies

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Newgen Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Newgen Software's investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Newgen Software or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
Thematic Ideas
(View all Themes)
Business ConcentrationApplication Software, Software - Infrastructure, Information Technology, IT, Software, Computers, Information Technology, Software, Software-Application, Technology, Computing (View all Sectors)
Newgen Software's financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Newgen Software's success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Newgen Software can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Newgen Software's financial leverage. It provides some insight into what part of Newgen Software's total assets is financed by creditors.
Liquidity
Newgen Software cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Newgen Software Technologies has accumulated 485.07 M in total debt. Debt can assist Newgen Software until it has trouble settling it off, either with new capital or with free cash flow. So, Newgen Software's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Newgen Software Tech sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Newgen to invest in growth at high rates of return. When we think about Newgen Software's use of debt, we should always consider it together with cash and equity.

Change To Inventory

(40.53 Million)
Newgen Software Technologies (NEWGEN) is traded on National Stock Exchange of India in India and employs 3,890 people. Newgen Software is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mega-Cap' category with a current market capitalization of 152.87 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Newgen Software's market, we take the total number of its shares issued and multiply it by Newgen Software's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Newgen Software Tech operates under Software sector and is part of Information Technology industry. The entity has 139.92 M outstanding shares. Newgen Software Technologies has accumulated about 61.51 M in cash with 2.81 B of positive cash flow from operations.
Check Newgen Software Probability Of Bankruptcy
Ownership Allocation
Newgen Software Tech maintains a total of 139.92 Million outstanding shares. Newgen Software Technologies secures majority of its outstanding shares owned by insiders. An insider is usually defined as a corporate executive, director, member of the board or institutional investor who own at least 10% of the company's outstanding shares. 64.1 % of Newgen Software Technologies outstanding shares that are owned by insiders conveys that they have been buying or selling the stock in recent months in anticipation of some upcoming event. Please note that no matter how many assets the company has, if the real value of the firm is less than the current market value, you may not be able to make money on it.
Check Newgen Ownership Details

Newgen Software Tech Risk Profiles

Although Newgen Software's alpha and beta are two of the key measurements used to evaluate Newgen Software's performance over the market, the standard measures of volatility play an important role as well.

Newgen Stock Against Markets

Be your own money manager

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Newgen Software Corporate Management

Elected by the shareholders, the Newgen Software's board of directors comprises two types of representatives: Newgen Software inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Newgen. The board's role is to monitor Newgen Software's management team and ensure that shareholders' interests are well served. Newgen Software's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Newgen Software's outside directors are responsible for providing unbiased perspectives on the board's policies.
Arvind JhaVP DevelProfile
Dushyant KumarVP EnablementProfile
Surender RajExecutive HRProfile
Ashok KapoorHead ManagementBankingProfile
Arun GuptaChief OfficerProfile

Other Information on Investing in Newgen Stock

Newgen Software financial ratios help investors to determine whether Newgen Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Newgen with respect to the benefits of owning Newgen Software security.