Protean eGov Technologies gains on incorporating subsidiary company in UAE
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Protean e-Gov Technologies is currently trading at Rs. 2132.00, up by 31.45 points or 1.50% from its previous closing of Rs. 2100.55 on the BSE.
The scrip opened at Rs. 2105.00 and has touched a high and low of Rs. 2158.95 and Rs. 2105.00 respectively. So far 139729 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 2158.95 on 29-Aug-2024 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. 2158.95 and Rs. 1948.00 respectively. The current market cap of the company is Rs. 8593.45 crore.
The Institutions and Non-Institutions held 38.68% and 61.32% respectively.
Protean eGov Technologies has incorporated a 100% subsidiary company in UAE in the name of ‘Protean International DMCC’ on August 27, 2024. The objective of incorporation is to undertake IT/ITeS projects across multiple countries.
Protean eGov 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.
