Newgen Software Technologies and 2 other stocks in focus after securing orders worth ₹408 Cr

Synopsis: Three stocks are in focus after securing fresh orders. Vascon Engineers bagged a Rs 260 crore hospital EPC project in Navi Mumbai, while GHV Infra Projects won a Rs 109 crore civil and MEP contract in Jamshedpur, boosting order visibility. And Newgen Software bagged an international order from a top PSU bank from Saudi Arabia, worth Rs 38.64 crore

Three stocks have been highlighted, as they have secured new domestic and international orders that extend the strength of their order books and give them greater visibility of execution. In this article, we will look at the order highlights of these companies.

Vascon Engineers

Vascon​‍​‌‍​‍‌​‍​‌‍​‍‌ Engineers, established in 1986, is a reputed construction and real estate company with more than 37 years of experience in developing residential, industrial, IT parks, malls, hospitality and social infrastructure like schools and hospitals projects. With excellent engineering skills and a customer-focused approach, Vascon is committed to productive implementation, good quality construction, and attractive design, resulting in the company’s projects reaching all over India. Moreover, Vascon always tries to go beyond the client’s ​‍​‌‍​‍‌​‍​‌‍​‍‌expectations.

With a market capitalisation of Rs 1,066 crore, the shares of Vascon Engineers Ltd are currently trading at Rs 47.18 per share, up 4 percent from its previous day’s closing price of Rs 45.33 per share. Over the past five years, the stock has delivered a robust return of 208 percent, outperforming NIFTY 50’s positive return of 89 percent.

The​‍​‌‍​‍‌​‍​‌‍​‍‌ company secured an EPC work order from the Navi Mumbai Municipal Corporation for the construction of a Super Speciality Hospital at CBD Belapur, Navi Mumbai, worth Rs 260.09 crore (including GST). The project is a domestic one and has to be executed over 36 months. 

GHV Infra Projects

GHV Infra Projects Limited, formerly Sindu Valley Technologies Limited, was incorporated on 19th March 1976 and changed its name on 02-12-2024, with approval from the Ministry of Corporate Affairs, Government of India. The company operates as an Engineering, Procurement, and Construction (EPC) firm, focusing on transportation infrastructure, Water, Industrial Projects, Building construction and Environment & Energy Projects. With a strong presence in India and abroad, GHV Infra is recognised for its engineering capabilities, quality standards, and project management expertise, dedicated to developing sustainable infrastructure for India’s economic growth. 

With a market capitalisation of Rs 2,180 crore, the shares of GHV Infra Projects Ltd are currently trading at Rs 302 per share, down 0.84 percent from its previous day’s closing price of Rs 304.55 per share. In the last one year, the stock has delivered a multibagger return of 1,964 percent, outperforming NIFTY 50’s positive return of 5.4 percent.

The company has announced receiving a work order worth Rs 109 crore for civil and MEP (Mechanical, Electrical & Plumbing)works in Jamshedpur, Jharkhand. The work scope covers the full range of civil construction, mechanical, electrical, plumbing, and finishing works of a big building project. The company has to execute this contract over a period of 30 months. 

Newgen Software Technologies

Newgen Software Technologies provides digital transformation solutions. It offers products for enterprise content management, business process management, and customer communication. The company also provides tools for case management, digital automation, hyperautomation, and intelligent document processing. Newgen serves industries like banking, insurance, healthcare, government, telecom, and more across India, the US, Europe, the Middle East, Africa, and Asia-Pacific.

With a market capitalisation of Rs 12,274 crore, the shares of Newgen Software Technologies Ltd are currently trading at Rs 862.85 per share, up 0.62 percent from its previous day’s closing price of Rs 857.55 per share. Over the past five years, the stock has delivered a robust return of 540 percent, outperforming NIFTY 50’s positive return of 89 percent.

Newgen​‍​‌‍​‍‌​‍​‌‍​‍‌ Software Technologies has won a global deal with a value of SAR 15.98 million (approximately Rs 38.64 crore) with a top public sector bank in Saudi Arabia. The agreement is about the loan origination system design and development with a perpetual licence, implementation, and one-year support, and it has to be executed within two ​‍​‌‍​‍‌​‍​‌‍​‍‌years.

Written by Satyajeet Mukherjee

Disclaimer

The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Trade Brains Technologies Private Limited or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.

The post Newgen Software Technologies and 2 other stocks in focus after securing orders worth ₹408 Cr appeared first on Trade Brains.