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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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HDIL to sell land in Kochi to mobilse funds
~~K Raghavendra Kamath/Mumbai 05 Jun 13
HDIL, which was recently in news for Mumbai airport scrapping its slum rehabilitation project, is looking to sell 70 acres of land in Kochi in Kerala to mobilise resources.

In February 2011, HDIL announced that it will build a mixed use project Cybercity at Kalamassery special economic zone at an investment of Rs 2,300 crore. The project would have a built up area of 10 million square feet.

HDIL has been selling development rights and land parcels to reduce its debt and fund projects and it is a part of company's strategy to mobilise funds, said an analyst.

"HDIL is looking for prospective buyers/Joint Venture partner for land at Kalamassery, Kochi, Kerala," the company said in a release.

HDIL stock was trading at Rs 41.45, down 0.84% from previous close.

Courtesy: Smart Investor

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