Newgen Software share price jumps 9% on $2.5 million international deal

Shares of Newgen Software Technologies surged as much as 9 percent in intra-day trading on Thursday, June 5, after the company secured a significant $2.5 million international order for a digital transformation initiative. The stock touched 1,335.70 during the session, marking one of the top gainers in the IT midcap space for the day.

The rally was fueled by back-to-back positive triggers — a substantial international deal announcement and robust financial results for the quarter and year ended March 31, 2025 — both of which have bolstered investor confidence.

$2.5 Million Global Order Enhances Digital Capabilities

In a regulatory filing made on Wednesday, June 4, Newgen Software announced that it has secured and accepted a $2.5…

Source link