New Delhi, July 17 -- Newgen Software share price tanked over 6 per cent in intraday trade on the NSE on Thursday, July 17, after the mid-cap IT company announced its June quarter (Q1FY26) results. Newgen Software share price opened at Rs.1,094.90 against its previous close of Rs.1,091.40 and crashed 6.30 per cent to hit an intraday low of Rs.1,022.60. Around 2:05 PM, the IT stock traded 5.88 per cent lower at Rs. 1,027.20. Equity benchmark Nifty 50 was 0.16 per cent down at 25,173 at that time.
Newgen announced its June quarter earnings during market hours on Thursday, July 17. The IT firm reported a 4.5 per cent year-on-year (YoY) rise in its Q1FY26 consolidated profit to Rs.49.72 crore from Rs.47.57 crore in the same quarter last year...
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