What drove the spike in NEWGEN.NS stock today?

Heavy volume and aggressive buying drove NEWGEN.NS stock higher; the share rose to INR 622.90 on 61,297,141 trades, far above the average. The move looks stock-specific amid mixed tech sector performance.

How does valuation look for NEWGEN.NS stock?

NEWGEN.NS stock trades at a trailing PE of 29.56 and PB of 5.51. Balance-sheet metrics are strong, but multiples are above sector averages, implying limited margin for error.

What are Meyka AI’s forecasts for NEWGEN.NS stock?

Meyka AI's forecast model projects a yearly target of INR 1,392.59 and a quarterly target of INR 762.65. These imply potential upside and reflect model-based projections, not guarantees.

What short-term trade levels should I watch for NEWGEN.NS stock?

Watch intraday support at INR 559.73 (Bollinger middle) and resistance near INR 653.52. A conservative short-term target is INR 760.00, with a stop below INR 526.05.

IN Stocks

NEWGEN.NS Newgen (NSE) up 17.19% on 20 Feb 2026: volume surge signals momentum

ByDanny Kontos February 20, 2026February 20, 2026

NEWGEN.NS stock jumped 17.19% to INR 622.90 on 20 Feb 2026, making Newgen Software Technologies Limited (NEWGEN.NS) the session’s most active name on the NSE with 61,297,141 shares traded. The move followed a low opening at INR 536.00 and a day high of INR 637.50, and came on volume roughly 101.91x the average, a clear sign of heavy intraday participation. Traders should weigh the jump against a trailing PE of 29.56 and a year high of INR 1,377.15 for context on valuation and risk.