Protean eGov Technologies Faces Continued Decline Amid Broader Market Stability

Jan 22 2025 01:05 PM IST
share
Share Via
Protean eGov Technologies has encountered significant challenges, with a decline of 5.1% on January 22, 2025, marking its second consecutive day of losses. The stock is trading below key moving averages and has seen a notable drop of 20.93% over the past month, underperforming against the broader market.
Protean eGov Technologies, a midcap player in the IT software sector, has faced notable challenges today, experiencing a decline of 5.1% on January 22, 2025. This drop marks the second consecutive day of losses for the company, contributing to a total decline of 8.23% over this period.

During intraday trading, the stock reached a low of Rs 1577.25, reflecting a decrease of 5.56%. Currently, Protean eGov Technologies is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend in its performance.

In the context of broader market dynamics, the company's one-day performance of -5.05% contrasts sharply with the Sensex, which saw a slight increase of 0.09%. Over the past month, Protean eGov Technologies has experienced a significant decline of 20.93%, while the Sensex has only fallen by 2.74%. These metrics highlight the stock's underperformance relative to both its sector and the overall market.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News
Most Read