If the contract was not received from the government, the shares of this company fell by 20%, no one to buy

Last updated: May 19, 2025, 10:09 PST Protean EGOV shares: Protein-e-management technology told the stock market in a notice that it was not selected by the Income Tax Division for the design and development of the PAN 2.0 project. After this news came, the shares in the shares … Read more symbolic photo highlights Protein E-Governance shares fell by 20%. The company did not get the contract for the PAN 2.0 project. The shares trade at the level of Rs 1143. New -Delhi. Due to a lack of contracts of the income tax division, the share of protein-e-management technologies fell by 20 percent. Actually, this business offers e-management solution. The company was not selected by the Income Tax Division for the design and development of the PAN 2.0 project. The company provided this information in the information given to the stock exchange. After this, the shares of the company got a lower circle today. Protein E-Governance Technologies opened with a large fall and opened up to Rs 1192 on Rs 1165. Currently, they trade at the level of Rs 1143 with a 20 percent drop. This share has been very disappointed in terms of returns. Because the company’s shares have given more than 20 percent negative returns over the past one month. In the information the company gave to the scholarship, the company said: “We were informed by the Income Tax Division (ITD) that the RFP selection process was not considered in our favor for the next round.” The company participated in the RFP bid proposal for the project, which was for technology improvement, including design, development, operation and maintenance of pan systems in the income tax department. Also read- if you buy railroad shares now, when will the boom in shares such as IRCTC, experts say that the company management said that its limited effect on current services is visible. The limited or minimum impact is visible on our PAN processing and issuing services offered under the current work with ITD. ”(Disclaimer: This is not an investment opinion on the information given about the shares. He is working on the business department of Hindi.News18.com. He was active in Zee News before being active for 14 years. not