Newgen Software Technologies Limited shares came under sharp selling pressure in early morning trade on Friday, slipping more than 7%.
As of 9:31 AM IST, the stock touched an intraday low of ₹573.00, compared to its previous close of ₹622.90. It opened at ₹609.95 and climbed to an early high of ₹614.00 before witnessing sustained selling through the session’s first hour.
The decline of over 7% from the previous close placed the stock among notable early losers on the bourses. Trading activity remained elevated, with volume at 55,47,288 shares by 9:31 AM IST, indicating strong participation from market participants.
Despite the sharp intraday correction, the stock remains well above its 52-week low of ₹458.65. However, it is significantly below its 52-week high of ₹1,377.15, highlighting the broader volatility the counter has experienced over the past year.
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