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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...
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SBI beats Street estimate; net profit up 14% at Rs2,828 cr
The bank posts a net profit of Rs2,828 crore in the fiscal third quarter ended December, versus Rs2,479 crore a year earlier
Mumbai: The country’s largest lender, State Bank of India (SBI), on Saturday said its net profit for the quarter ended 31 December rose by 14.08% to Rs2,828 crore, up from Rs2,479 crore in the year-ago period, despite a rise in its loan loss provisions.
A Reuters poll of 16 brokerages had forecast profit to grow 10% to Rs2,715 crore. During the quarter, the lender witnessed a healthy increase in its income from treasury, retail and wholesale banking but showed a slight rise in its gross non performing assets or NPAs, which rose to 3.17% from 3.11% in the year-ago period.
SBI’s fee income, during the period, went up by 13.12% on a year on year basis. In the third quarter, while total income, during the quarter, grew to Rs24,726.73 crore from Rs21,145.40 crore, the bank said.
SBI made a provision of Rs1,632 crore in the third quarter as compared with Rs515 crores in the same quarter last year, the bank said in a release.
Shares of State Bank rose nearly 24% in 2010, compared with a 17% rise in the main market and 33% gain in the banking sector index.

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