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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...
Sugar shares in demand
Shree Renuka Sugar Ltd moved to Rs.37.90, before closing at Rs.36.30
Thirteen sugar shares rose by 0.06% to 6.1% at 13:37 IST on BSE on reports a committee has recommended scrapping the mandatory norm of buying 10% of sugar mills' output for supplies to the poor.
DCM Shriram Industries (up 6.1%), Simbhaoli Sugars (up 4.98%), Dhampur Sugar (up 4.33%), Rana Sugars (up 4.26%), Oudh Sugar Mills (up 2.8%), Sakthi Sugars (up 2.58%), Balrampur Chini Mills (up 2.48%), Empee Sugars (up 1.8%), Bajaj Hindusthan (up 1.54%), Dwarikesh Sugar Industries (up 1.13%), Triveni Engineering & Industries (up 0.85%), Shree Renuka Sugars (up 0.54%) and EID Parry India (up 0.06%), edged higher.
The BSE Sensex was down 64.45 points, or 0.34% at 18,740.30.
According to reports, the panel headed by C. Rangarajan, who is also the chairman of the prime minister's economic advisory council, has submitted the report to Prime Minister Manmohan Singh, recommending to lift curbs in the sugar sector.
Currently, the government imposes restriction to moderate prices in the domestic markets.

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