CE Info Systems Ltd wins order worth approx. Rs. 400 crores from Hyundai and Kia Cars OEM Business

CE Info Systems (MapmyIndia) has won a new project worth ~Rs. 400 Crores (~USD 50 Million) for Hyundai and Kia Cars OEM Business in India.

The order is for licensing of CE Info (MapmyIndia) Map & Connected Services Contents including Real Time & Predictive Traffic, Mobile SDK, Online Search and Call Centre Maps, for Embedded Connected Navigation & Connected Car Services of Hyundai and Kia Cars OEM Business in India.

Shares of C E Info Systems Limited was last trading in BSE at Rs. 1965.70 as compared to the previous close of Rs. 1986.35. The total number of shares traded during the day was 6265 in over 1090 trades.

The stock hit an intraday high of Rs. 2009.65 and intraday low of 1920.20. The net turnover during the day was Rs. 12305273.00.

Source : Equity Bulls

Keywords

CEInfoSystems MapmyIndia NewProject OrderWin Hyundai Kia OEMBusiness