Protean e-Gov Technologies soars on making additional equity investment in ONDC
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Protean e-Gov Technologies is currently trading at Rs. 1512.60, up by 132.50 points or 9.60% from its previous closing of Rs. 1380.10 on the BSE.
The scrip opened at Rs. 1484.00 and has touched a high and low of Rs. 1618.80 and Rs. 1480.00 respectively. So far 787503 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1,618.80 on 14-Dec-2023 and a 52 week low of Rs. 775.00 on 13-Nov-2023.
Last one week high and low of the scrip stood at Rs. 1618.80 and Rs. 1135.00 respectively. The current market cap of the company is Rs. 6267.83 crore.
Protean e-Gov Technologies has made additional equity investment of Rs 10 crore in Open Network for Digital Commerce (ONDC). The Company has been allotted 10,00,000 equity shares of Rs 100 each at par by ONDC.
As on date the total equity investment of the Company in ONDC stands at Rs 20 crore representing 4.26% of the paid-up equity share capital.
Protean e-Gov Technologies is engaged in the business of developing citizen-centric and population-scale e-governance solutions. It has played a vital role in developing national infrastructure for capital market development in India.
