Newgen Software Achieves 52-Week High Amid Strong Market Performance and Volatility

Jan 15 2025 03:35 PM IST
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Newgen Software Technologies has achieved a 52-week high of Rs. 1795.5, outperforming its sector by 9.68%. The stock has shown a strong upward trend with a notable annual return of 100.74%, significantly exceeding the Sensex's performance. Its trading activity reflects high volatility and strong investor interest.
Newgen Software Technologies has reached a significant milestone by hitting a 52-week high of Rs. 1795.5 today, marking a robust performance that outpaces its sector by 9.68%. Over the last two days, the stock has demonstrated a strong upward trend, yielding returns of 10.11%.

In today's trading session, Newgen Software achieved an intraday high of Rs. 1795.5, reflecting a notable increase of 13.92%. The stock has shown high volatility, with an intraday fluctuation of 5.88%, indicating strong trading interest. Furthermore, it is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, which highlights a strong bullish trend.

On an annual basis, Newgen Software Technologies Ltd has delivered an impressive return of 100.74% over the past year, significantly outperforming the Sensex, which has increased by only 4.63%. This performance reinforces Newgen's position as a leading player in the IT software industry.
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