Newgen Software’s stock rose over 2% following the announcement of a ₹23.99 crore contract with Aye Finance Limited. The deal involves delivering a cutting-edge Loan Origination Solution (LOS) aimed at enhancing Aye Finance’s operational efficiency and customer experience.
Key Details:
- Partnership: Aye Finance Limited
- Scope: Loan Origination Solution (LOS)
- Duration: 6 years
- Contract Value: ₹23.99 Crores
Newgen Software’s stock opened at ₹1,617.00, with a high of ₹1,669.00 and a low of ₹1,590.25. The stock’s 52-week high stands at ₹1,725.00, while its 52-week low is ₹676.05.
As of 9:50 a.m., Newgen Software shares were trading 2.80% higher at Rs 1,667.00 on the NSE.
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