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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...
Suzlon bags 21 MW order from Serum Institute
Suzlon Energy today said it has bagged an order from Serum Institute of India to supply 10 turbines of 2.1 MW capacity each for captive consumption.
Under the agreement, Suzlon will supply, set up, operate and maintain the S88 wind turbines for Serum Institute in Pune, the company said in a statement.
With the new order, total renewable energy portfolio of the biotech company Serum Institute will increase to 60 MW, it said.
"As an organisation we are committed to the conservation of the environment and are constantly seeking ways to reduce the carbon footprint from our business operations. We see wind as a smart option with its techno-economic maturity and comparatively lower risks," Serum Institute chairman Cyrus Poonawalla said.
Serum Institute of India is a leading biotech company and among the world's largest makers of paediatric vaccines as well as of measles and DTP group of vaccines.  

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