Newgen Software Exhibits Active Trading Amid Declining Investor Participation and Market Volatility

May 02 2025 01:00 PM IST
share
Share Via
Newgen Software Technologies Ltd has become one of the most actively traded stocks, with over 5.7 million shares exchanged and a market capitalization of Rs 15,214.79 crore. Despite notable intraday gains, investor participation has decreased, indicating volatility in its trading activity within the IT software sector.
Newgen Software Technologies Ltd, a prominent player in the IT software industry, has emerged as one of the most active equities today, with a total traded volume of 5,797,232 shares and a total traded value of approximately Rs 62.88 crore. The stock opened at Rs 988.55 and reached a day high of Rs 1,119, reflecting a notable intraday increase of 13.43%. The stock's performance today has outpaced its sector by 8.79%, while the broader market, represented by the Sensex, has seen a decline of 0.36%.

Despite the strong performance, there are signs of falling investor participation, with delivery volume dropping by 55.97% compared to the five-day average. The stock has traded within a wide range of Rs 151.75, indicating volatility. Currently, Newgen's last traded price stands at Rs 1,075.45, which is above its 5-day, 20-day, and 50-day moving averages, but below its 100-day and 200-day moving averages.

With a market capitalization of Rs 15,214.79 crore, Newgen Software Technologies continues to demonstrate significant activity in the market, reflecting its position within the mid-cap segment of the IT software industry. Overall, the stock's performance today highlights its active trading status amidst varying investor engagement levels.
{{stockdata.stock.stock_name.value}} Live

{{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}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
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