Why Newgen was hitting lower circuits? What is ASM list?

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Disclaimer: This video is only for education purpose. Consult your financial Advisor before investing your money.

What is ASM criteria?https://www1.nseindia.com/invest/content/FAQs_Additional_Surveillance_Measure_ASM.pdf

NSE ASM List: https://www.nseindia.com/reports/asm

I created a video on Newgen on 27th June 21 so it's been a month since I published the video and it has been a roller coaster ride for Newgen. When I created the video, it was trading at the level of 529 and then in the next 10 days it jumped 38%. But then it fell down ~4.8%. However, in the last 3 trading sessions, Negwen continuously hit lower circuits of 5% and fell down 14.5% to the levels of Rs 570. However, today the stock price again went up 5%.

After the lower circuit, many people are asking why Negwen is hitting lower circuits. What should they do? Should they hold or sell?

Hence, I created this video on Newgen review to clarify the doubts on Newgen and share my analysis on the quarterly result of Newgen for Q1 FY21-22. I have also explained ASM list including what is ASM and what stocks are in the ASM list.

Видео Why Newgen was hitting lower circuits? What is ASM list? канала Sahil Bhadviya