Newgen Software slips 10% post Q3 results; stock down 22% in 4 days

Newgen Software Technologies shares slipped 10 per cent to Rs 1,405.85 on the BSE in Tuesday’s intra-day trade on profit booking as the company reported single digit revenue growth of 5.5 per cent sequentially in the December 2024 quarter (Q3FY25). In Q2FY25, the company’s revenue had risen 14.8 per cent on a quarter-on-quarter (QoQ) basis.