Protean eGov Technologies shares list at IPO issue price of Rs 792 per share
November 13th, 2023 10:30
Analysts said the upside from current levels looks limited based on valuation as the issue was fully priced in discounting all near-term triggers. "Given that the company is a pioneer and market leader in its universe of e-Governance, there can be some kind of first mover advantage, but the upside is limited post listing" said Prashant Tapse of Mehta Equities.
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