Shares of Protean eGov Technologies were locked in the upper circuit of 20 per cent at Rs 1,380 on the BSE on Wednesday due to heavy volumes. The stock was trading at the highest level since its listing on November 13.
The average trading volumes on the counter jumped over three-fold with 1.2 million equity shares having changed hands on the BSE. There were pending buy orders for 137,900 shares on the exchange, data shows.
Protean eGov Technologies made a quiet stock market debut with its shares getting listed at par against its issue price of Rs 792 per share. Currently, the