Is Newgen Software Technologies Ltd halal to invest in?

As of July 2026, Newgen Software Technologies Ltd 540900.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.

Is Newgen Software Technologies Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Newgen Software Technologies Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Newgen Software Technologies Ltd?

Muslim investors may consider investing in Newgen Software Technologies Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Newgen Software Technologies Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Newgen Software Technologies Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Newgen Software Technologies Ltd updated?

The Shariah compliance status of Newgen Software Technologies Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Newgen Software Technologies Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Newgen Software Technologies Ltd?

You can check the latest Shariah compliance status of Newgen Software Technologies Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

Newgen Software Technologies Ltd 540900.BO

Last Updated: Jul 20, 12:00 AM·BSE

540900.BO Shariah Compliance

Screening Methodology: AAOIFI

As of July 2026, Newgen Software Technologies Ltd is classified as not halal.

NOT HALAL

Report Source: 2026 3rd Quarter Report

Newgen Software Technologies Ltd. Stock Analysis 540900.BO

India Information Technology Small Cap Report: Q3, 2026

Newgen Software Technologies Ltd. engages in the provision of software development products. The company is headquartered in New Delhi, Delhi. The company went IPO on 2018-01-29. Its NewgenONE platform offers a comprehensive suite of automation technologies that cover everything from task automation to content-rich, mission-critical applications, and complex workflow orchestration. Its NewgenONE capabilities include intelligent process automation, contextual content services, omnichannel customer engagement, low-code application development, data science, generative AI, integration ecosystem, and Agentic AI and Artificial Intelligence and Data Science. Its low code application development solution includes application studio and data model designer. The company offers a range of Agentic AI, which include Marvin, Real-time, and LumYn. The firm's geographical segments include India, EMEA, APAC, and USA.

Key Statistics of Newgen Software Technologies Ltd (540900.BO)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹541.40₹569.95

Today's Open

₹548.35

Volume

460.59K

P/E Ratio (TTM)

26.00

Financial Metrics & Statements of Newgen Software Technologies Ltd (540900.BO)

Super Investors Invested in Newgen Software Technologies Ltd (540900.BO)

FAQ's for Newgen Software Technologies Ltd (540900.BO)

As of July 2026, Newgen Software Technologies Ltd 540900.BO is classified as not halal according to Musaffa’s Shariah screening methodology. This classification is based on an assessment of the company’s business activities and financial ratios against Islamic investment guidelines.
A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Newgen Software Technologies Ltd using these criteria to determine its compliance status.
Muslim investors may consider investing in Newgen Software Technologies Ltd if it meets Shariah compliance standards. Investors typically review the company’s business activities, debt levels, and non-permissible income before making a decision.
Musaffa determines the Shariah status of Newgen Software Technologies Ltd by analyzing whether the company’s core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.
The Shariah compliance status of Newgen Software Technologies Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.
Yes. A stock that is currently Shariah-compliant may become non-compliant if the company’s financial ratios exceed Shariah thresholds or its business activities change.
You can check the latest Shariah compliance status of Newgen Software Technologies Ltd on Musaffa’s stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.