Newgen Software’s shares faced a decline following unsatisfactory Q1FY26 results. The company’s net profit saw a slight increase year-on-year, but a significant drop sequentially. Revenue growth was minimal, impacting operating performance. Key markets like Europe experienced revenue declines. Despite this, analysts predict a potential upside for the stock based on average target price.
Originally published by The Economic Times https://economictimes.indiatimes.com/markets