Newgen Software Faces Bearish Trend Amid Broader Market Challenges and Small-Cap Resilience
Newgen Software Technologies saw a notable decline on July 17, 2025, following two days of gains, indicating a potential trend reversal. The stock is trading below all major moving averages, reflecting a bearish outlook. Meanwhile, the broader market, represented by the Sensex, is also facing challenges.
Newgen Software Technologies has experienced a significant decline of 5.71% on July 17, 2025, underperforming its sector by 4.55%. This drop follows two consecutive days of gains, indicating a potential trend reversal. The stock reached an intraday low of Rs 1022.75, marking a decrease of 6.49% during the trading session. In terms of moving averages, Newgen Software is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting a bearish trend in the short to medium term. Over the past week, the stock has declined by 7.17%, while its performance over the last month shows a notable decrease of 15.62%.
In contrast, the broader market, represented by the Sensex, is facing its own challenges, having fallen by 0.17% after a positive opening. The Sensex is currently trading 4.23% away from its 52-week high and has seen a 1.87% decline over the past three weeks. Despite these fluctuations, small-cap stocks are showing resilience, with the BSE Small Cap index gaining 0.4% today.
{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)
{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)
Related Stock Links
- {{stockdata.stock.stock_name.value}} Analysis
- {{stockdata.stock.stock_name.value}} Technicals
- {{stockdata.stock.stock_name.value}} Quality
- {{stockdata.stock.stock_name.value}} Valuation
- {{stockdata.stock.stock_name.value}} Financial Trend
- {{stockdata.stock.stock_name.value}} Return Analysis
- {{stockdata.stock.stock_name.value}} Price Analysis
- {{stockdata.stock.stock_name.value}} Quarterly Result Analysis
- {{stockdata.stock.stock_name.value}} Half-Yearly Result Analysis
- {{stockdata.stock.stock_name.value}} Nine Monthly Result Analysis
- {{stockdata.stock.stock_name.value}} Annual Results
- {{stockdata.stock.stock_name.value}} Balance Sheet
- {{stockdata.stock.stock_name.value}} Profit & Loss
- {{stockdata.stock.stock_name.value}} Cash Flow
- {{stockdata.stock.stock_name.value}} News
- {{stockdata.stock.stock_name.value}} Announcements
- {{stockdata.stock.stock_name.value}} Share Holding
- {{stockdata.stock.stock_name.value}} Peer Comparison
Our weekly and monthly stock recommendations are here
Loading...
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Target Price
{{sm.target_price }}
({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
₹{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
