Newgen Software Technologies Shows Resilience Amid Broader Market Decline and Volatility

Newgen Software Technologies has shown significant activity today, gaining 6.65% on August 5, 2025. This performance marks a notable outperformance against its sector, exceeding sector gains by 7.76%. The stock has been on an upward trend for the past two days, accumulating a total return of 9.22% during this period.
Today, Newgen reached an intraday high of Rs 898.75, reflecting a rise of 7.82%. However, the stock has exhibited high volatility, with an intraday volatility rate of 5.86%. In terms of moving averages, the stock is currently above its 5-day moving average but remains below its 20-day, 50-day, 100-day, and 200-day moving averages.

In the broader market context, the Sensex opened flat but subsequently declined by 287.08 points, or 0.44%, to settle at 80,659.35. While Newgen Software Technologies has shown resilience today, its longer-term performance metrics reveal a mixed picture, with a year-to-date decline of 47.77% compared to the Sensex's gain of 3.23%. Over the past three years, however, the stock has appreciated significantly by 377.63%.