Bengaluru, July 1 -- A monopoly digital mapping and geospatial tech firm is in focus after securing a Rs 233 crore international map data licensing contract for domestic use. The stock rose 2% after the announcement.
With a market capitalization of Rs 9,714 Crores, the share price of C E Info Systems Limited ("MapmyIndia") was trading over 2% up to hit an intraday high of Rs 1799.80 per share from its previous closing price of Rs 1758.05 per share.
C.E. Info Systems Ltd (MapmyIndia), India's leading digital mapping and geospatial technology firm, has secured a new project worth approximately Rs 233 crore. The seven-year contract involves map data licensing for domestic use and was awarded by an international corporate client in the priv...
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