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Protean: Is the sharp stock price decline justified?

Following the price correction, Protean is now trading at a more reasonable valuation of 33 times FY27 estimated earnings

May 27, 2025 / 12:17 IST
The stock fell sharply by 30 percent in two trading days following news that the company was not favourably considered for the next stage of PAN 2.0 RFP selection process.
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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More