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Multibagger IT stock: Newgen Software shares ended 3.18% lower at Rs 870 after hitting record high in early trade on Wednesday.
Short term traders can look to buy the stock on marginal fall for a target above Rs 1300 levels, suggest experts. The stock closed at Rs 1136 on 31 October 2023.
Newgen Software stock hit a record high of Rs 757.20, rising 10.91% intraday on BSE. Newgen Software stock opened higher at Rs 685. Market cap of the firm rose to Rs 5027 crore.