Newgen Software: Stock jumps 7.2% after signing deal with TCS N.V., Belgium
News by Aliceblue News Desk
25 Sept 2025
Introduction
Leading IT solutions provider’s UK subsidiary has signed a €4.22 million agreement with TCS Belgium for cloud hosting, software licenses, and implementing a modern enterprise records management platform over five years.
Also Read: L&T: Stock jumps after partnering with BEL for fighter aircraft development
Share price movement of Newgen Software
On September 25, 2025, Newgen Software Technologies Ltd opened at ₹901.10, up 3.05% from its previous close of ₹874.45. The stock reached a high of ₹937.00 (7.12%) and a low of ₹901.10 (3.05%). By 10:44 AM, it traded at ₹917.70, a 4.95% increase, with a market cap of ₹13,001.86 crore.
Newgen Secures €4.22 Million TCS Belgium Contract
Newgen Software Technologies Limited announced that its wholly owned UK subsidiary has signed a Master Service Agreement with Tata Consultancy Services N.V., Belgium, for cloud hosting, software licenses, and implementation services.
The contract, valued at €4,222,683, involves providing a modernized cloud-based enterprise records management platform. The agreement is set for a five-year execution period starting September 24, 2025.
Newgen confirmed that the transaction is with an international entity and does not qualify as a related party transaction. The company will deliver services to the end customer under the terms of the agreement.
Stock performance of Newgen Software for Period of 1 week, 6 months, and 1 year
Newgen Software Technologies Ltd delivered a -4.70% return over the past week, declined by -12.1% in the past six months, and fell by -32.9% over the past year.
Also Read: Dilip Buildcon: Stock jumps 6% after receiving new order worth ₹1,115 Cr
Shareholding pattern of Newgen Software
| Particulars | Jun 2025 | Mar 2025 | Dec 2024 |
| Promoter | 54% | 54% | 54% |
| FII | 19% | 19% | 20% |
| DII | 9.50% | 9.10% | 9.10% |
| Public | 16.80% | 16.70% | 16.10% |
About Newgen Software
Newgen Software Technologies Ltd (NSE: NEWGEN) is a global software company specializing in end-to-end solutions, including workflow automation, document management, imaging, and software product development across diverse industries worldwide.
Stay Ahead with the Latest Stock Market Updates – Click Here
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is Newgen Software Technologies Limited share price going up today?
A: Newgen Software Technologies Limited share price rose after its UK subsidiary signed a €4.22 million agreement with TCS Belgium.
Q: What does Newgen Software Technologies Limited specialize in?
A: Newgen Software Technologies Limited specializes in software product development, workflow automation, document management, imaging, and end-to-end software solutions globally.
Q: What is the market capitalization of Newgen Software Technologies Limited?
A: As of September 25, 2025, Newgen Software Technologies Limited has a market capitalization of approximately ₹13,001.86 crore.
News Author
Aliceblue News Desk
