India's Protean eGov jumps on 11.6 billion rupee UIDAI contract win

Protean eGov Technologies

26/08/2025 04:57

** Shares of Protean eGov Technologies PROO.NS rise 6% to 870 rupees

** IT co gets work order worth 11.60 billion rupees ($132.56 million) from Unique Identification Authority of India (UIDAI)

** Order includes Aadhaar card enrolment, updates, and related services in 188 districts across India

** PROO rated "hold" by 3 analysts on average; median target price is 825 rupees – data compiled by LSEG

** Stock down 43.2% since trading debut on February 6

($1 = 87.5060 Indian rupees)

 (Reporting by Rudra Pratap Singh in Bengaluru)

 ((rudrapratap.singh@thomsonreuters.com))