Shares of Newgen Software Technologies declined nearly 3% in intraday trade on Tuesday as investors turned cautious ahead of the company’s Q3 earnings announcement. As of 12:2o PM, the shares were trading 3.23% lower at Rs 711.45.
During the day’s trade, Newgen Software touched an intraday low of ₹708.15 and a high of ₹739.25. Notably, the stock’s intraday low also coincides with its 52-week low of ₹708.15, while the 52-week high stands significantly higher at ₹1,696.70. The share opened at ₹739.25 compared with the previous close of ₹735.20, indicating early volatility before slipping lower.
Trading volumes remained moderate, with around 2,48,293 shares changing hands as of 12:20 PM.
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