NSE flags unusual trading volume in Newgen Software, awaits company response

NEWGEN · price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-6.8%Reaction day

₹566.70

prior close

₹562.00

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.7%-6.2% vs market

Computers - Software & Consulting peers, median of 64sector-1.3%-5.6% vs sector

On the reaction day the stock moved 6.2 pts less than Nifty Smallcap 250 and 5.6 pts less than its Computers - Software & Consulting peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-3.0

10m

-3.1

15m

-4.0

30m

-4.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-6.8-0.7-6.2-1.3-5.6

Next day

-6.4-0.7-5.7-1.6-4.9

-8.3-1.3-7.0-2.2-6.1

-8.5-0.3-8.2-2.5-6.0

-7.1-0.1-7.0-2.6-4.6

-8.1-0.1-8.0-4.0-4.1

-8.9-0.3-8.6-5.6-3.3

15d

-12.7-1.3-11.4-6.6-6.1

-17.6-3.8-13.8-8.9-8.7

—————

UpDownMarket · Nifty Smallcap 250Sector · Computers - Software & Consulting peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

NSE observed a sharp rise in trading volume in Newgen Software Technologies shares. The exchange has written to the company seeking clarification so investors have the latest relevant information and their interests are protected. The company's response is awaited.

Likely market impact

May cause short-term volatility and uncertainty until the company clarifies the reason behind the volume spike. Investors should watch for the company's reply.