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Newgen Software, Latent View, AMI Organics shares rise over 3% on strong Q4 results

Published on 02/05/2025 03:48 PM

Shares of Newgen Software, Latent View and AMI Organics rose over 3 percent in May 2 trade amid strong March quarter results of the financial year 2025.

Newgen Software Technologies share price surged 13.43 percent to touch an intraday high of Rs 1,119 per share on the NSE. Later, the stock pared gains and settled nearly 2 percent higher at Rs 1,005.05 apiece, up 1.88 percent.

The company reported a 21.34 percent increase in its consolidated net profit to Rs 108 crore Quarter on Quarter (QOQ) basis from Rs 89 crore.

Latent View Analytics shares settled 3 percent higher at Rs 405 per share on the NSE, up 2.99 percent after reporting solid numbers for the March quarter. The company's net profit rose 18.4 percent year-on-year to Rs 53.5 crore, against Rs 45.2 crore in Q4FY24.

The total revenue advanced 35.3 percent on-year to Rs 232 crore, up from Rs 171 crore in the year ago period.

Meanwhile, shares of AMI Organics settled at Rs 1,167.3 per share on the NSE, up 3.25 percent.

The specialty chemicals manufacturer reported doubling of its net profit to Rs 53 crore in the Q4FY25 from Rs 25 crore a year ago in the same period.

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