Helping You Build Wealth With Honest Research
Since 1996. Read On...

MEMBER'S LOGINX

     
Invalid Username / Password
   
     
   
     
 
Invalid Captcha
   
 
 
 
(Please do not use this option on a public machine)
 
     
 
 
 
  Sign Up | Forgot Password?  

PROTEAN EGOV TECH Plunges 6%; BSE IT Index Up 0.2%
Wed, 31 Jul 14:14

PROTEAN EGOV TECH Plunges 6%; BSE IT Index Up 0.2%Image source: KanawatTH/www.istockphoto.com

PROTEAN EGOV TECH share price has plunged 6% and is presently trading at Rs 1,804.9.

Meanwhile, the BSE IT index is at 41,795.4 (up 0.2%).

Among the top losers in the BSE IT index today are INDIAMART INTERMESH (down 6.0%) and Birlasoft (down 2.1%).

TANLA SOLUTIONS (up 3.0%) and INFIBEAM AVENUES (up 2.3%) are among the top gainers today.

Over the last one year, PROTEAN EGOV TECH has moved up from Rs 0.0 to Rs 1,804.9, registering a gain of Rs 1,804.9 .

On the other hand, the BSE IT index has moved up from 30,276.6 to 41,795.4, registering a gain of 38.0% during the last 12 months.

The top gainers among the BSE IT index stocks during this same period were Oracle Financial Services (up 184.6%), INFIBEAM AVENUES (up 107.1%) and PERSISTENT SYSTEMS (up 104.2%).

Must See: These Segments are Witnessing Incredible Growth with Modi's Push

What About the Benchmark Indices?

The BSE Sensex is at 81,663.5 (up 0.3%).

The top gainers among the BSE Sensex today are Asian Paints (up 2.6%) and NTPC (up 2.2%). The most traded stocks in the BSE Sensex are Tata Steel and Tata Motors.

In the meantime, NSE Nifty is at 24,924.5 (up 0.3%). HDFC LIFE INSURANCE and Asian Paints are among the top gainers in NSE NIFTY.

Over the last 12 months, the BSE Sensex has moved up from 66,527.7 to 81,663.5, registering a gain of 15,135.8 points (up 22.8%).

PROTEAN EGOV TECH Financial Update...

PROTEAN EGOV TECH net profit fell {profitpercent} YoY to Rs 193 million for the quarter ended March 2024, compared to a profit of Rs {profitnumberprev} million a year ago. Net sales declined {salespercent} to Rs 2,221 million during the period as against Rs {salesnumberprev} million in {quarterprev}.

For the year ended March 2023, PROTEAN EGOV TECH reported 25.6% decrease in net profit to Rs 1,070 million compared to net profit of Rs 1,439 million during FY22. Revenue of the company grew 7.4% to Rs 7,422 million during FY23.


Equitymaster requests your view! Post a comment on "PROTEAN EGOV TECH Plunges 6%; BSE IT Index Up 0.2%". Click here!