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Protean Tech: Should investors consider the stock after muted Q3 performance?

Its business moats and huge growth opportunities in the digital public infrastructure space outweighs the dull performance in Q3 FY24

Protean Tech – Should investors consider this stock, post the listing rally?

The company has a dominant market position in e-governance space, unique business moats, and healthy financials

Protean listing price: Protean opens flat, rises 12 5% on listing day

The ₹490-crore IPO was subscribed almost 24 times. The retail investors segment was subscribed 8.93 times, while the non-institutional investor or high net worth investor segment was subscribed 31.62 times. The qualified institutional buyers portion was subscribed 46.94 times.

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