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CE Info Systems jumps on completing acquisition of 11.11% stake in Indrones Solutions
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CE Info Systems is currently trading at Rs. 1099.60, up by 18.95 points or 1.75% from its previous closing of Rs. 1080.65 on the BSE.
The scrip opened at Rs. 1083.90 and has touched a high and low of Rs. 1110.00 and Rs. 1083.70 respectively. So far 2752 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 1715.00 on 12-Apr-2022 and a 52 week low of Rs. 1023.20 on 05-Jan-2023.
Last one week high and low of the scrip stood at Rs. 1110.00 and Rs. 1041.60 respectively. The current market cap of the company is Rs. 5895.44 crore.
The promoters holding in the company stood at 53.31%, while Institutions and Non-Institutions held 9.91% and 36.78% respectively.
CE Info Systems has completed the acquisition of 11.11% stake in Indrones Solutions. The company has acquired 1477 Compulsory Convertible Preference Shares (CCPS) at face value of Rs 10. Total cost of acquisition is Rs 2.99 crore.
C.E. Info Systems is India’s leading advanced digital maps and deep?tech company, popularly known in India as MapmyIndia and globally as Mappls.
