Newgen Software Technologies Limited has responded to inquiries regarding a notable surge in its trading volume. The company states that, to the best of its knowledge, there is no undisclosed information or event that would account for this increase. The company remains committed to compliance and will continue to provide disclosures in accordance with applicable regulations. Market dynamics are the likely cause.
Response to Trading Volume Increase
Newgen Software Technologies Limited has addressed concerns regarding a recent surge in its trading volume. The company, in its response dated September 26, 2025, stated that it is unaware of any specific undisclosed information or events directly influencing this activity.
Company Statement
According to the company’s official communication, there are no undisclosed announcements or sensitive information that might explain the heightened trading. The company emphasizes its commitment to transparency and adherence to all relevant disclosure requirements. The surge in trading volume is attributed to market factors beyond the company’s direct control.
Contributing Factors
The company suggests that several factors could contribute to the increased trading volume. These include general market sentiment, investor behavior, global economic conditions, and sectoral trends. The management maintains that the company is not directly connected with the increase in trading volume.
Source: BSE
