Newgen Software Technologies Achieves Significant Yearly Gains Amidst Market Volatility

Jan 15 2025 03:10 PM IST
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Newgen Software Technologies achieved an intraday high of Rs 1742.35, marking a notable increase during the trading session. The stock is nearing its 52-week high and has outperformed its sector significantly. Over the past year, it has delivered impressive returns, far exceeding the broader market's performance.
Newgen Software Technologies has demonstrated remarkable performance today, reaching an intraday high of Rs 1742.35, which represents a significant increase of 10.55% during the trading session. The stock is currently just 1.34% shy of its 52-week high of Rs 1754.6, reflecting its strong momentum in the market.

Today, Newgen Software outperformed its sector by 9.58%, underscoring its robust position within the IT software industry. Over the last two days, the stock has gained 9.88%, showcasing consistent growth despite experiencing high volatility with an intraday fluctuation of 5.86%.

Newgen Software Technologies has also delivered an impressive return of 107.85% over the past year, significantly outpacing the Sensex, which saw a modest increase of 4.64%. This performance highlights Newgen's strong market position and potential for continued success.
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