Shares of Protean eGov Technologies will remain in focus on August 26 after the company announced that it has received a major work order worth ₹1,160 crore (excluding taxes) from the Unique Identification Authority of India (UIDAI).
According to the press release, Protean will act as a service provider for establishing and operating district-level Aadhaar Seva Kendras (ASKs) across 188 districts in India over the next six years. These centers will facilitate appointment-based and walk-in Aadhaar enrolment, updates, and related services.
In Q1 FY26, the company reported a consolidated net profit of ₹23.85 crore, up from ₹21.09 crore in the same quarter last year.
On August 25, Protean’s stock closed at ₹851.65, up 0.45%. The stock has seen significant volatility over the past year, hitting a 52-week high of ₹2,225 (Aug 30, 2024) and a 52-week low of ₹716.50 (Aug 12, 2025). Currently, it trades 63.23% below its high and 14.19% above its low, with a market capitalization of ₹3,453.17 crore.
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