Image
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...
Will look into easing gold import curbs - Chidambaram
[Editor: The Premium Blog, was already been updated yesterday, regarding this new development. Those who are trading with my recommended brokerage house/s can also check there. Also, some inputs on SAIL (Rs.60), Glodyne Technoserve Ltd (Rs.6.50) and Allied Digital Services Ltd (Rs.13.5), BHEAL (Rs.148)etc. were also placed there, along with an update on Nifty]
New Delhi, Feb 17, 2014: India will look into relaxing gold imports curbs, but won't let its current account deficit (CAD) balloon, Finance Minister P. Chidambaram said on Monday.

"There are pros and cons (on easing gold import curbs), we will weigh them carefully, the goal is to contain the CAD at a level where it can be fully and safely financed," Chidambaram told reporters after presenting the interim budget in parliament earlier.

"The operative word is, we will look into it," he said.

India, desperate to trim a gaping current account deficit, took a slew of measures last year to curb demand for bullion, its second-biggest import after oil.

Due to the restrictions on imports, China has surpassed India as the world's biggest buyer of gold.

Industry participants had expected a cut in import duty from the record 10 percent on gold in the interim budget.

(Reporting by Rajesh Kumar Singh; writing by Siddesh Mayenkar; editing by Malini Menon)

Courtesy: Reuters 

Popular posts from this blog