{"id":249020,"date":"2026-09-16T11:56:57","date_gmt":"2026-09-16T06:26:57","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=249020"},"modified":"2026-09-16T11:56:57","modified_gmt":"2026-09-16T06:26:57","slug":"newgen-software-technologies-best-stock-in-its-sector","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/newgen-software-technologies-best-stock-in-its-sector\/","title":{"rendered":"Is Newgen Software Technologies the Best Stock in Its Sector? A Look at the Numbers"},"content":{"rendered":"

Newgen Software Technologies CMP Rs 495 (16 Sep 2026). Market cap Rs 7,125 Cr. ROE 18.67%. P\/E 22.71x versus Industry P\/E 17.88x.<\/em><\/p>\n

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Quick Answer<\/strong><\/p>\n

Newgen Software Technologies is one of the names investors compare when screening the IT sector, built on a 18.67% return on equity and a P\/E of 22.71x against an Industry P\/E of 17.88x. Newgen Software Technologies Ltd develops low-code business process automation and content management software used by banks, insurers and government agencies. Whether Newgen Software Technologies is the best stock in its sector depends on whether an investor is optimising for return ratios, valuation, or both. This article breaks down the metrics, including a comparison against named IT sector peers, so you can judge that for yourself.<\/p>\n<\/p><\/div>\n

Is Newgen Software Technologies<\/a> the best stock in its sector? The stock trades on the NSE at Rs 495 as of 16 September 2026, within its 52-week range of Rs 401.05 to Rs 1,041.95. Newgen Software Technologies Ltd develops low-code business process automation and content management software used by banks, insurers and government agencies.<\/p>\n

Newgen Software Technologies sits in the IT sector, and its 18.67% ROE and 22.71x P\/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector’s Industry P\/E benchmark.<\/p>\n

Also read – Is Abbott India the Best Stock in Its Sector? A Look at the Numbers<\/a><\/p>\n

Click Here – Get Free Investment Predictions<\/strong><\/a><\/p>\n

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