New Delhi, March 27 -- Newgen Software Technologies, a small-cap IT stock, jumped 7% in early morning trade on Thursday, March 27, reaching Rs.1,037.45 per share following an order win from global client. In a regulatory filing on Wednesday, the company informed investors that it had secured a letter from an international client for an Enterprise Content Management (ECM) solution worth $1.3 million.

The contract is set to be executed over five years. "Newgen Software Technologies Limited has accepted the award letter from the customer for the Enterprise Content Management Solution (ECM). The aggregate value of the aforesaid award is $1,285,074, inclusive of taxes," the company stated in its regulatory filing on Wednesday.

The company ha...