Protean eGov Technologies saw its shares jump significantly on Thursday. This surge followed the company’s announcement of its best-ever quarterly and annual financial results. Strong performance was noted across all business segments. The company reported a substantial increase in net profit and revenue for the quarter and the full fiscal year. Protean eGov also declared a final dividend for shareholders.
Earnings growth to stay robust at 14–16%; IT correction a buying opportunity: Vikas Khemani
India’s IT sector is poised for a comeback, with AI expected to boost, not hinder, growth. Vikas Khemani of Carnelian Asset Management sees excessive pessimism,