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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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Yesterday, the BSE Sensex closed at 39,073.92 up 230.04 points (+0.59%), while the Nifty50 ended the day at 11,549.60 up 77.35 points (+0.67%). Today, the Indian bourses are expected to remain volatile, before F&O expiry. The Nifty, will find difficulty to cross 11700. However, the action is likely to shift to small and mid cap counters. 

#Buy the shares of Dhanlaxmi Roto Sp Ltd (BSE Code: 521216) near the CMP of Rs.19.607, for short term targets of Rs.27/31. The book value of the shares of the company is Rs.48.01 and has EPS of Rs.4.97. We can expect the share price to double in the next one year. 

#The shares of Future Supply Chain Solutions Ltd (Rs.149.05) is consolidating around the current ranges for the next round of upmove. This is one of the low debt Future group companies, and hence if Mukhesh Ambani's RIL,  BUYs stake in the Future group, then this scrip can show good positive momentum. Now,  you do one thing, like what you have done for V2 Retail Ltd (Rs.60.90), raise the SL levels from Rs.141 to Rs.146. The rest of the things can remain same.

#If anyone has a trading portfolio of Rs.3/5 lakhs and is looking for someone, who specializes in the small, micro and mid cap space, then they can contact me at: suman2005s@rediffmail.com. I have a couple of scrips which can double in the next few months. The said companies have factories at Boisar in the Palghar District of Greater Bombay and fortunately I have manager to collect some information on them, which I can't disclose in an open forum. 


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