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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...
Unitech rallies on housing sale
Unitech has rallied 6% at Rs 39.05 on selling more than 300 units worth Rs 200 crore in its mid-income housing project at Gurgaon launched last week.
"The demand and pricing environment of the residential product is stable and there has also been a marked improvement in the demand for office spaces," a PTI report suggests, quoting the company's managing director Sanjay Chandra.
Meanwhile, a foreign brokerage house raised the company’s rating to "overweight" from "neutral" on Wednesday, citing cheap valuations, reasonable gearing, comfortable liquidity and high embedded land value. 
The stock opened at Rs 37.30 and hit a high of Rs 39.10 on the NSE. A total of 22.23 million shares have changed hands on the counter till early noon deals on both the exchanges.
Among the other realty stocks, Indiabulls Real Estate, DB Realty, HDIL, Orbit Corp, Sobha Developers and Parsvnath Developers are trading higher by 2-5% on the NSE.
The Bombay Stock Exchange (BSE) realty index, the largest gainer among sectoral indices, is up nearly 3% compared a sub-1% rise in the benchmark index Sensex.

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