Multibagger IT firm wins  ₹19 crore order in Saudi Arabia; delivers 122% returns in a year to double investor’s money | Stock Market News

Multibagger IT firm wins ₹19 crore order in Saudi Arabia; delivers 122% returns in a year to double investor’s money | Stock Market News

Source: Live Mint Multibagger smallcap IT stock: Newgen Software Technologies announced on Tuesday, December 24, that it won a $2.27 million ( ₹19 crore) purchase order through its wholly owned subsidiary Newgen Software Technologies Company Ltd. in Saudi Arabia. The IT software services firm disclosed that the project would be completed within a year. It…

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After 66,92,535% return in one day, small-cap stock Elcid Investments is in a downtrend; here’s why | Stock Market News

After 66,92,535% return in one day, small-cap stock Elcid Investments is in a downtrend; here’s why | Stock Market News

Source: Live Mint Shares of Elcid Investments, which recently grabbed headlines for a massive one-day spike, have once again caught the attention of investors following the release of the company’s financial results for the September quarter. The company reported a 143.5% year-on-year (YoY) jump in its consolidated revenue to ₹56 crore. However, on a sequential…

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