Newgen Software Technologies Ltd Sees 1.5 Million Shares Trade, Total Value Rs 13,568.43 Lakhs

Newgen Software Technologies Ltd, a small-cap player in the Computers - Software & Consulting industry, has emerged as one of the most active equities today, with a total traded volume of 1,508,676 shares and a total traded value of approximately Rs 135.68 crores. The stock opened at Rs 849.95 and reached a day high of Rs 909.80, marking a notable intraday gain of 6.51%.
After experiencing five consecutive days of decline, Newgen's stock has shown a trend reversal, outperforming its sector by 5.71%. The last traded price (LTP) stands at Rs 903.20, reflecting a 6.30% return for the day, while the sector and Sensex reported returns of 0.18% and 0.34%, respectively.

In terms of moving averages, the stock is currently above the 5-day, 20-day, and 50-day averages but remains below the 100-day and 200-day averages. Additionally, there has been a rise in investor participation, with delivery volume increasing by 34.85% compared to the 5-day average. The stock's liquidity is also favorable, accommodating trade sizes of Rs 0.4 crores based on 2% of the 5-day average traded value.

Overall, Newgen Software Technologies Ltd has demonstrated significant activity today, reflecting a positive shift in its performance metrics.