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DEEP DIVE ANALYSIS • NSE: NEWGEN • FY26 RESULTS Newgen Software Technologies Ltd: From ₹1,336 TO ₹493 — Valuation Reset or the Next Enterprise AI Compounder?  What the Q4 FY26 Numbers Actually Reveal Beneath the Midcap IT Bloodbath By SUMAN MUKHOPADHYAY | SumanSpeaks Independent Research • June 02, 2026 Newgen Software Technologies Ltd (Rs. 493)   was last trading at a pproximately ₹493 — down nearly 63% from its 52-week high near ₹1,336. In most cases, such a collapse signals severe business deterioration. But Newgen’s FY26 financials tell a far more complicated story. The company remains debt-light, highly profitable, cash-generative, and structurally positioned in one of the most important enterprise themes globally: AI-enabled workflow orchestration. Yet the stock has suffered one of the sharpest valuation compressions in the Indian en...

WINNING STROKES: THINK DIFFERENT:

Ennore Coke Ltd hit the buyer freeze with good volumes. The stock is expected to give superb returns going forward. Keep accumulating on all declines. Prajay Engineers Syndicate Ltd hit another consecutive buyer freeze. However, please book at least some profits in the counter as the stock has moved up too much in too little time.

Fame India Ltd recommended as a Sunday Report recommendation a couple of weeks back hit the buyer freeze. Report at: www.sumanspeaks.blogspot.com.

Pyramid Saimira Theatres Ltd hit the buyer freeze on some positive development in the company. The media sector is doing excellently well in the last few weeks. The fell to some absurd price from its peak level of Rs.500 plus.

DCB Ltd recommended around Rs.14--15, crossed Rs.40 today. However, book some profit in the counter.

Sanguine Media Ltd hit another buyer freeze. Those who have still not bought the stock please try it tomorrow. The stock is trading at an absurd price.

Indowind Energy Ltd clocked huge volumes today, as it hit the circuits, before cooling down a bit at the end of the trade. The stock is trading at a penny compared to Suzlon Energy Ltd..

Kohinoor Broadcasting Corporation Ltd hit the buyer freeze on positive optimism. Why should the company get benefited due to the apprecition of the Indian Rupee (INR) against US Dollar (USD).

Those who have bought Rolta Ltd at around Rs.79--Rs.80, should book some profits. The stock touched Rs.121 today, before closing a tad below that price.

Glory Polyfilms Ltd which was recommended yesterday to the Paid Groups, hit the buyer freeze today also. The stock is near its 52-week low price and hence has a long way to go.

Kernex Mirco Systems Ltd recommended to the Paid and Free Groups hit another consecutive buyer freezes.

Lok Housing and Construction Ltd which was repeatedly recommended at around Rs.14--Rs.15, even after a Bombay based weekly asked not to enter the scrip. The stock is moving towards the next target of Rs.42.

Ranklin Solutions Ltd crossed Rs. 25.5, and closed at Rs.26, which is a good sign. The 52-week high and low for the scrip is Rs.224.8/Rs.16.65. Can you believe that the P/E of the scrip is only 1.9 (Just look at the P/E of Infosys Tech, Wipro Ltd, TCS Ltd, etc. and compare it with these software companies---the moot point is that ideally software companies do not trade at such a low P/E). Some of the stock in the same sector which performed well are, Softsol India Ltd (26.96%), Cranes Software Ltd, Nucleus Software Ltd, BRELS Infotech Ltd, etc

What is the name of the stock/s sent to the Paid Group today, to be bought tomorrow for some good gains. Tomorrow a multi-bagger could be sent to the Paid Groups during the market hours...Hence those in the Paid Group should keep some free cash to catch that Multibagger.

Those who have applied for the Paid Service and have still not got my confirmation mail due to viral attack of my computer system, please give me a day or for the backlog to be cleared.

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