Newgen Software Technologies Share Price: Imagine waking up to see your stock pick jumping like it’s on a trampoline after months of tough times. That’s exactly what’s happening with Newgen Software Technologies share price on February 19, 2026.
If you’re tracking the Indian IT scene, this breakout is big news. Let’s dive in and break it down simply – why it’s happening, what the numbers say, and what’s next. Stick around; you might spot your next smart move.
Today’s Big Jump in Newgen Software Technologies Share Price
Newgen Software Technologies has grabbed the spotlight in the Indian IT world today. After a long stretch of dropping prices, the stock shot up more than 13.9%. It hit a high of ₹610.00 during the day on the NSE. Investors are rushing in, thinking it’s a steal at these low levels.
As of 10:25 AM, here’s how it’s looking:
| Metric | Value |
|---|---|
| Current Price | ₹605.45 |
| Change (%) | +13.90% |
| Day’s High / Low | ₹610.00 / ₹526.05 |
| 52-Week High | ₹1,377.15 |
| 52-Week Low | ₹458.65 |
| Market Cap | ₹8,558 Cr |
This surge feels like a breath of fresh air after a rough year.
Why Is Newgen Software Technologies Share Price Climbing So Fast?
A few things came together to spark this rally. Let’s chat about them one by one.
First off, it’s bouncing back from rock bottom. The stock lost almost half its value over the last year, hitting a low of ₹458.65 just days ago. Now, smart buyers – like big funds from abroad and home – are jumping in. They see it as a cheap deal ready to turn around.
Next, trading got super busy. Volumes today are 40 to 80 times higher than the usual over the past 20 days. When lots of shares change hands during a price pop, it means serious players are getting involved. This could keep the good times rolling.
The IT world is worried about AI shaking things up for old-school companies like TCS or Infosys. But Newgen is ahead of the game with its AI-powered low-code platform called NewgenONE. Plus, their switch to a SaaS model – that’s software you subscribe to online – grew 33% year-over-year in the last nine months. It gives them steady cash flow.
And don’t forget the new deals rolling in. Newgen just landed some big ones abroad:
- A £1.5 million contract for their enterprise contract management tool.
- A €4.22 million cloud deal with TCS in Belgium.
- A $2.27 million expansion in the Middle East.
These wins show they’re growing strong globally.
A Quick Look at Newgen’s Latest Earnings
Back on January 20, 2026, Newgen shared their Q3 FY26 numbers. At first, folks sold off shares because it wasn’t all great. But now, people are rethinking it positively.
Revenue came in at ₹400.28 crores, up 5% from last year. Profit after tax was ₹62.82 crores – hit by new labor rules and more spending on AI. The bright spot? Subscription revenues jumped 29% year-over-year, now making up over half of their total income.
| Quarterly Metric | Value (Q3 FY26) | Change YoY |
|---|---|---|
| Revenue | ₹400.28 Cr | +5% |
| Profit After Tax | ₹62.82 Cr | (Affected by costs) |
| SaaS Revenue Growth | – | +29% |
It’s like a report card with some A’s and a couple of B’s, but the future looks promising.
What’s Ahead for Newgen Software Technologies Share Price? Technical View
From a chart perspective, the stock crossed its 20-day moving average today – that’s a good sign. But watch out for hurdles around ₹660 to ₹680, where longer averages sit.
Support is nearby at ₹530 if it dips. Resistance today caps at ₹633. Keep an eye on these levels as things unfold.
There you have it – the full story on why Newgen Software Technologies share price is making waves today. If you’re into IT stocks, this could be one to watch. What’s your take? Stay tuned for more updates!
Disclaimer: This content is for informational purposes only and should not be considered professional [financial/legal/medical] advice. Always seek the advice of a qualified professional before making any decisions based on this information.
Sources & References
- Live Price Data: NSE Official Site
- Financial Reports: Newgen Investor Relations
- Corporate Announcements: BSE India Announcements
Yogesh Kolhe is a business and market news writer covering the share market, company earnings, and gold and silver price movements, with a strong focus on the automobile sector. A Mechanical Engineering graduate with 5 years of share market experience, he provides data-driven, reliable insights into market and industry trends.
