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01-01-1970 12:00 AM | Source: Accord Fintech
C.E. Info Systems soars as its Mappls signs MoU with Government of National Capital Territory of Delhi
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CE Info Systems is currently trading at Rs. 1342.25, up by 16.75 points or 1.26% from its previous closing of Rs. 1325.50 on the BSE.

The scrip opened at Rs. 1326.05 and has touched a high and low of Rs. 1352.45 and Rs. 1322.00 respectively. So far 5771 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. 1367.05 and Rs. 1291.40 respectively. The current market cap of the company is Rs. 7193.29 crore.

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

C.E. Info Systems’ (MapmyIndia) swadeshi consumer app Mappls has signed a Memorandum of Understanding (MoU) with the Government of National Capital Territory (NCT) of Delhi to develop a web-application which will be a geo spatial decision-making tool to ensure effective sighting of EV charging stations. The tool will supplement the planning and deployment of an accessible and connected network of EV charging stations within the city.

The web-application is equipped to identify locations of existing Government buildings, housing complexes, shopping centres, hospitals and nursing homes which have high dwell time for vehicles. As EVs are charged when they are idle, these locations can be assessed for setting up charging points to support the charging requirement of electric vehicles in the city. This information can be further detailed with a layer of affluency to determine income levels of residents and use it to determine the vehicle profile and therefore charging requirements of the people in an area.

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.