Newgen reported excellent results.
Revenues at Rs 293 cr in Q2 FY’24, up 30% Q2 YoY; Profit after Tax at Rs 48 cr, up 59% Q2 YoY
New logo addition:14
Revenue and margin expansion, was well received by market today.
To take decision of booking profits on P/E is tricky. Growth may continue for coming time also. Best time to sell growth stock is when growth slowdown.
Disclosure: Invested
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