India's Newgen Software Technologies rises on issue of bonus shares

Newgen Software Technologies

28/11/2023 04:59

** Shares of Newgen Software Technologies  NEWG.NS  rise nearly 5% to
1280.85 rupees, marking their sharpest intraday gain in over a week 
    ** Co recommends the issue of bonus shares in a proportion of 1:1
    ** Stock trading well above its 50-, 100- and 200- day moving averages
    ** Stock up ~272% YTD

 (Reporting by Yagnoseni Das in Bengaluru)
 ((Yagnoseni.Das@thomsonreuters.com; +91 6001289066;))