Newgen Software: 13% Jump from 52-Week Low, Analysts Predict 60% Rally

Share Market
C
CNBC Awaaz•17-02-2026, 11:57
Newgen Software: 13% Jump from 52-Week Low, Analysts Predict 60% Rally
- •Newgen Software Technologies shares surged 13% after hitting a 52-week low, marking its biggest single-day jump since August.
- •The rally occurred without any major AI partnership announcement, driven by high trading volumes and renewed investor interest.
- •Trading volume was 8 times higher than the 10-day average, indicating interest from large or institutional investors.
- •Despite the jump, the share is still 62.5% below its 52-week high, following weak December 2025 quarter results.
- •6 out of 9 analysts recommend 'Buy' with a consensus target price of ₹834.29, suggesting over 64% upside potential.
✦
More like this
Loading more articles...





