CE Info Systems zooms on unveiling Mappls swadeshi consumer app

20 Sep 2022 Evaluate

CE Info Systems is currently trading at Rs. 1379.95, up by 61.05 points or 4.63% from its previous closing of Rs. 1318.90 on the BSE.

The scrip opened at Rs. 1326.00 and has touched a high and low of Rs. 1406.00 and Rs. 1325.00 respectively. So far 24886 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 1918.35 on 17-Jan-2022 and a 52 week low of Rs. 1129.50 on 11-May-2022.

Last one week high and low of the scrip stood at Rs. 1407.00 and Rs. 1310.00 respectively. The current market cap of the company is Rs. 7388.86 crore.

The promoters holding in the company stood at 53.73%, while Institutions and Non-Institutions held 10.86% and 35.41% respectively.

CE Info Systems (MapmyIndia) unveiled the Mappls swadeshi consumer app, logistics tech & APIs integrated with Government of India’s ULIP during the launch event of Government of India’s National Logistics Policy. Mappls app is free, fully indigenous and is far better than those foreign maps that come pre-loaded with most phones and search engines, which incorrectly depict India’s international boundaries, give inaccurate routes and search results, show junk places at incorrect locations on their maps, and prey on users’ private and personal data to target them with ads. Mappls app on the other hand shows India’s borders correctly, is highly accurate, and has a clean business model that respects users’ privacy – the only thing users need to do is one-time download the Mappls app from the app store, and they can experience a better alternative.

CE Info Systems is a data and technology products and platforms company, offering proprietary digital maps as a service (MaaS), software as a service (SaaS) and platform as a service (PaaS). It is India’s leading provider of advanced digital maps, geospatial software and location-based IoT technologies.

CE Info Systems Share Price

1946.25 14.20 (0.73%)
31-Oct-2024 16:01 View Price Chart
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