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The Economic Times
The Economic Times
Business
Sakshi Kumari

Protean eGov shares fall 6% despite 19% YoY jump in Q1 revenue. Should you buy, sell or hold?

Protean Protean eGov Technologies

Shares of Protean eGov Technologies fell over 6% to an intraday low of Rs 572.75 on the BSE on Wednesday despite reporting a strong Q1 FY27 performance. The e-governance solutions provider posted a 19% year-on-year rise in consolidated revenue from operations to Rs 251 crore, driven by market share gains across key businesses and strong traction in new technology initiatives.

Q1 financial performance and margin pressure

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