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Newgen Software tumbled over 6% after Q1 revenue and profit fell sharply quarter-on-quarter. While subscription income rose 19% YoY, weak international sales hurt margins, which narrowed to 14%. Analysts flagged a technical breakdown and bearish momentum, with support seen near ₹940-950. The stock is down 43% YTD, with sentiment turning bearish.
short by / 02:54 pm on 18 Jul
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