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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...
Shettar to support Phase 2 of UIDAI
Press Trust Of India / Bangalore Aug 26, 2012
Good news for the shareholders of Tera Software Ltd
Karnataka Chief Minister Jagadish Shettar today assured the state’s support for the second phase of the Unique Identification Authority of India (UIDAI) project expected to commence from this October.
Shettar gave the assurance to UIDAI Chairman Nandan Nilekani when the latter called on on him here. Sources in the Chief Minister's Secretariat said Nilekani informed that the authority had so far issued 14.1 million cards in Karnataka and will take up the second phase in October to enroll the remaining 39.1 million population.Shettar said the government was ready to release the state's share of funding for the project.
Chief Secretary S V Ranganath, Principal Secretary to IT and BT Department I S N Prasad were also present at the meeting.

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