Newgen Software Clarifies Volume Surge, Cites Market Factors

Newgen Software Technologies Ltd has responded to a clarification sought by the stock exchange regarding a significant increase in trading volume on August 31, 2026. The company stated that, to the best of management's knowledge, there are no undisclosed price-sensitive information or events impacting its operations or performance. Newgen attributes the volume movement to external factors such as market sentiment, investor behavior, global economic conditions, and sectoral trends, asserting that the management is not connected to this increase. The company reaffirmed its commitment to timely disclosures as per SEBI regulations.