Newgen Software Technologies Limited
Share Price Target & Analysis
NSE:NEWGEN
VWAP
Open
Close
High
Low
52 Week High
-20.10 (-1.82%)
NEWGEN
(IT)Turnaround Potential
52 Week Low
EPS
PE
PB
Economical
Quality
Diamond
Valuation
#Analysis
NSE: NEWGEN Share Price Financial Analysis & Valuation
Newgen Software Technologies Limited (NEWGEN) is broadly categorized in IT segment industry which deals in Computers - Software vertical.
It is one of Mid Cap company with Market Capitalization of Rs 4057.1 (in Cr). Total number of free float shares are 6.8 (in Lacs).
Newgen Software Technologies Limited is listed on NSE with Exchange ID - INE619B01017 and trading code is NSE:NEWGEN with short name Newgen Software.
In the past 1 year, Newgen Software Technologies Limited has declared an equity dividend of Rs 4.5 per share. At the current share price of NEWGEN at Rs 1081.70, this results in a dividend yield of 0.42 %.
As per the Fundamental Analysis of NSE:NEWGEN, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine NEWGEN underlying value and future prospects. All of this data is available in NEWGEN financial statements.
Quality of the Stock: As per the fundamental analysis of NSE:NEWGEN, it is clearly understood that NEWGEN is Economical performer in terms of earnings and profit margins with an EPS of 19.59. NSE:NEWGEN book value per share as of today is 81.84. The current price to book ratio for NEWGEN as of Nov 23, 2024 is 13.22.
Valuation of the Stock: The current valuation of NEWGEN stock is like Diamond which means currently the stock is Very Expensive. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of NEWGEN whether to BUY this stock at current valuation. The delivery percentage of NEWGEN is 36.43% is very crucial parameter which shows that 36.43% investors are anticipating that the price of NEWGEN share should go up with VWAP at 1088.33.
Now, the main question is whether to BUY or SELL, NSE:NEWGEN at current valuation.
As per latest Analysis No. #3722:-
⇑ STRONG BUY NEWGEN if All Greens
⇗ BUY NEWGEN (at Lower Levels) if any 2 Greens
⇒ NEUTRAL or HOLD NEWGEN (With Stop Loss) if only 1 Green
⇘ SELL NEWGEN if NO Green Indicator
NSE: NEWGEN Share Price Today (Nov 23, 2024)
(Newgen Software Technologies Limited Daily Analysis on the basis of NEWGEN Intraday Graph & Trend)
Newgen Software Technologies Limited share price moved Down by -1.82% from its previous close of Rs 1101.8. NEWGEN stock last traded price is 1081.70. NEWGEN share price trend is Down with a total of 192731 stocks traded till now. It has touched an intraday high of Rs 1109.55 and an intraday low of Rs 1078. The NEWGEN trading at 1081.70, Down by Rs. -20.10, or -1.82 percent which suggests that most of the Traders are anticipating that the price of NEWGEN share should go Down.
NSE: NEWGEN Share Price Tomorrow Prediction
(Newgen Software Technologies Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of NEWGEN)
Newgen Software Technologies Limited share price moved Down by -1.82%. NEWGEN share price short term trend is Down. It suggests that NEWGEN Share Price for Tomorrow remains the same with VWAP at 1088.33 will be treated as stop loss for intraday traders. Newgen Software Technologies Limited Long term investors can follow the NEWGEN long term trend as mentiond in future forecast table.
NSE Code |
NSE: NEWGEN |
NEWGEN Share Price Today |
1081.70 |
NEWGEN Share Price Target Prediction for 2024 ^ |
647.4 - 1151.6 |
NEWGEN Share Price Target Prediction for 2025*^ |
1151.6 - 1657.3 |
NEWGEN Share Price Target Prediction for 2026*^ |
1657.3 - 1773.3 |
NEWGEN Share Price Target Prediction for 2027*^ |
1862 |
NEWGEN Share Price Target Prediction for 2028*^ |
1915 |
NEWGEN Share Price Target Prediction for 2030*^ |
2088 |
NEWGEN Current Book Value 2023 |
81.4 |
*Newgen Software Technologies Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^NEWGEN share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.
NEWGEN Technical Analysis
Candlestick Pattern: @1235.1MA | Simple | Action S1 | Expo | Action E2 |
---|---|---|---|---|
MA_5 | 1249.45 | SELL | 1245.46 | SELL |
MA_12 | 1263.7 | SELL | 1258.32 | SELL |
MA_20 | 1254.83 | SELL | 1259.99 | SELL |
MA_32 | 1276.4 | SELL | 1250.89 | SELL |
MA_50 | 1251.24 | SELL | 1229.39 | BUY |
MA_100 | 1159.84 | BUY | 1167.86 | BUY |
MA_200 | 992.41 | BUY | 1010.42 | BUY |
Trend Oscillators | Value | Action |
---|---|---|
Bollinger Bands | 1254.83 | Downtrend |
MACD | -6.3 | SELL |
ADX | 14.71 | NO or Weak Trend |
DMI (+/-) | 18.21 / 24 | Downtrend |
Momentum Oscillators | Value | Action |
---|---|---|
RSI | 47.1 | Neutral |
STOCHASTIC_K (Fast) | 26.95 | Neutral |
STOCHASTIC_D (Slow) | 22.81 | Neutral |
CCI | -88.98 | Neutral |
PSAR | 1324.62 | SELL |
TRUE RANGE | 62.8 | BUY |
ATR | 58.89 | BUY |
WILLIAMS R | -65.08 | Neutral |
TRIX | 0 | Neutral |
STOCHASTIC RSI K | 48.62 | Neutral |
STOCHASTIC RSI D | 19.1 | Oversold |
MOMENTUM | -34.45 | SELL |
Duration | Value |
---|---|
1 Year | 104.71% |
3 Months | 19.15% |
1 Month | -2.71% |
1 Week | -4.3% |
Action | Overall (%) |
---|---|
BUY | 23% |
NEUTRAL / HOLD | 27% |
SELL | 50% |
Most popular Questions & Answers about NEWGEN
Newgen Software Technologies Limited stock last traded price is 1081.70. NEWGEN share price moved Down by -1.82% from its previous close of Rs 1101.8.
Newgen Software Technologies Limited share price trend is Down with a total of 192731 stocks traded till now. It has touched an intraday high of Rs 1563.48 and an intraday low of Rs 1078. The NEWGEN trading at 1081.70, Down by Rs. -20.10, or -1.82 percent which suggests that most of the Traders are anticipating that the price of NEWGEN share should go Down and the Stop Loss will be around 1088.33.
The market cap of Newgen Software Technologies Limited is ₹4057.1 (in Cr) as of Nov 22, 2024.
The current price to earning ratio for Newgen Software Technologies Limited as of Nov 22, 2024 is 36.41.
The current price to book ratio for Newgen Software Technologies Limited as of Nov 22, 2024 is 13.22.
The highest price of Newgen Software Technologies Limited stock is ₹1548 in the last 52-week.
The lowest price of Newgen Software Technologies Limited stock is ₹617.5 in the last 52-week.
Newgen Software Technologies Limited share trading at ₹1081.70, Down by Rs. -20.10, or -1.82 percent which suggests that most of the traders are anticipating that the price of NEWGEN share should go Down.
In 2023, Stock price target for Newgen Software Technologies Limited (NEWGEN) are ₹647.4 on downside and ₹1151.6 on upside. Newgen Software Technologies Limited share price target is based on current financial year earings of the company.
In 2024, Stock price target for Newgen Software Technologies Limited (NEWGEN) are ₹1151.6 on downside and ₹1657.3 on upside. Newgen Software Technologies Limited share price target is based on forecasted future earnings of the company.
In 2025, Stock price target for Newgen Software Technologies Limited (NEWGEN) are ₹1657.3 on downside and ₹1773.3 on upside. Newgen Software Technologies Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.
In next five years, Stock price target for Newgen Software Technologies Limited (NEWGEN) will be around ₹1915 Newgen Software Technologies Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of NEWGEN.
The price of Newgen Software Technologies Limited (NEWGEN) shares moved by -1.82%. The short-term trend for NEWGEN share price is Down. It implies that the share price of NEWGEN will stay the same tomorrow and that intraday traders should treat VWAP at 1088.33 as a stop loss. Investors with a long-term outlook can track NEWGEN long-term trajectory, which is indicated in the future forecast table.
Estimated DCF Value of NEWGEN stock is 234.9. Compared to the current market price of 1081.70 INR, the NEWGEN stock is Overvalued by 78.3%.
As per the fundamental analysis of Newgen Software Technologies Limited (NEWGEN), it is of Economical quality in terms of earnings and profit margins with an EPS of 19.59. Newgen Software Technologies Limited book value per share as of today is 81.84. The current price to book ratio for NEWGEN as of Nov 23, 2024 is 13.22.
NSE:NEWGEN News & Other Useful Information about NEWGEN Share Price
Peer Comparison of NSE: NEWGEN
The Peers list includes companies operating in the same industry and having comparable market cap.
Sector: Computers - Software
Company | Price | EPS | BV |
---|---|---|---|
TCS | 4221.95 | 130.61 | 199.33 |
INFY | 1889.20 | 66.5 | 195.5 |
WIPRO | 571.40 | 18.27 | 110.45 |
HCLTECH | 1897.10 | 43.51 | 145.45 |
TECHM | 1744.10 | 29.96 | 236.78 |
LTI | 6149.30 | 125.6 | 651.6 |
MINDTREE | 3433.85 | 90.8 | 331.82 |
MPHASIS | 2884.90 | 78.74 | 302.96 |
TATAELXSI | 6586.45 | 131.16 | 402.31 |
PERSISTENT | 5796.25 | 63.3 | 309.41 |