CE INFO SYSTEMS

Technical Breakout Stocks: How to trade CE Info Systems, RCF and FACT on Friday

The Indian stock market closed higher on Thursday supported by positive global cues. The S&P BSE Sensex closed in the green for the sixth day in a row. The S&P BSE Sensex rose over 140 points while Nifty50 closed above 23,550.

Goldman Sachs initiates coverage on MapmyIndia, shares jump over 17%

CE Info Systems shares surged 17.6% to Rs 2,354.60 on BSE as Goldman Sachs initiated coverage with a target price of Rs 2,800.

Positive Breakout: Jubilant FoodWorks and 6 other stocks cross above their 200 DMA

MapmyIndia's Q4 net profit rises 35% to Rs 38 crore

Homegrown navigation firm CE Info systems, which owns the digital map services platform MapmyIndia, reported a 47% jump in its consolidated operating revenue to Rs 106.9 crore. The company's board approved a dividend of Rs 3.5 per equity share.

MapmyIndia Q4 Results: Firm posts 35% rise in net profit to Rs 38 crore

The consolidated revenue of operations increased 47 per cent to Rs 106.9 crore during the fourth quarter of FY24, from Rs 72.47 crore in the March 2023 quarter.

Bullish Momentum: 3 stocks with White Marubozu Pattern on March 15

For moderate risk takers with long-term perspective: 5 midcap stocks with up to 47% upside potential

As the Dalal street continues to be in party mode with minor correction and sectoral profit booking taking place, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend? While staying bullish, just add an element of caution. When we use the word caution, we mean stay with quality and especially if one is increasing exposure in midcap at this point of time. Use more stringent filters to pick stocks and cut the element of noise from investing. Quality stocks pay both in bullish and bearish markets conditions.

For moderate risk takers with long-term perspective: 5 midcap stocks with up to 47% upside potential

As the Dalal street continues to be in party mode with minor correction and sectoral profit booking taking place, staying bullish would appear to be the most logical thing at this point of time. Why fight against a trend? While staying bullish, just add an element of caution. When we use the word caution, we mean stay with quality and especially if one is increasing exposure in midcap at this point of time. Use more stringent filters to pick stocks and cut the element of noise from investing. Quality stocks pay both in bullish and bearish markets conditions.

For a long term investor with moderate risk appetite: 6 midcap stocks with right RoE and upside potential of up to 29%

Buying quality stocks should be one of the basic principles while investing in markets. But when one is buying mid-cap stocks this principle becomes even more important for multiple reasons and specially at a time when valuations are not cheap and small corrections can lead to strong negative reaction in stock prices. Now how does one do it? Look at the underlying business which is best understood by going through its annual report and look at a certain basic ratio in order to figure out how much return that underlying business can generate in best and worst case.

MapmyIndia board approves Rs 500 crore fundraise plan

CE Info System, which operates under the brand name of MapmyIndia, will need to seek shareholders' nod and other statutory approval before fundraising through equity dilution.

Big movers on D-Street: What should investors do with Cipla, CDSL and CE Info Systems?

Stocks that were in focus included names like CDSL, which rose 4.71%, Cipla, which fell 7.6%, and CE Info Systems, which rose 1% on Thursday.

MapmyIndia shares jump 6% on company’s plans to raise funds

MapmyIndia is an Indian technology company that builds digital map data, telematics services, location-based SaaS and GIS AI technologies.

IT stocks among top gainers in November; should you buy them or wait?

So far in November, the sectoral index has net gained a little over 6%, beating the benchmark Sensex, which has gained 3% in the same period.

Ahead of Market: 10 things that will decide D-Street action on Wednesday

Nifty on Tuesday ended 5 points lower to form a Doji candle on the daily chart. The larger degree of lower tops and bottoms is intact as per daily timeframe chart and currently, Nifty is moving up towards the new lower top formation of the sequence, analysts say.

These 11 stocks held by smallcap MFs surged over 100% in FY24

In today's mutual fund analysis, ETMarkets centered its attention on the best-performing stocks from the smallcap funds for the ongoing fiscal year. Smallcap funds typically consist of around 621 stocks, and among these, 57 stocks have experienced significant gains and turned into multibaggers in FY24. To refine our selection, we have exclusively considered stocks that are held by a minimum of 5 smallcap mutual fund schemes and whose prices have surged by more than 100% in FY24. (Data Source: ACE MF, ACE Equity). Smallcap funds allocate a minimum of 65% of their assets to smaller companies, as defined by SEBI, which categorizes them as companies ranked above 250 in terms of market capitalization.

Apple's India map provider surges 104% in over 6 months as it rivals Google’s product

Shares of MapmyIndia, formally known as CE Info Systems Ltd., have risen about 104% from the end of March, adding around $675 million in market value on demand for its consumer-facing app Mappls. Some analysts and investors are betting on the company’s domestic growth opportunity, while others view its price tag as a barrier.

eClerx Services, BSE among 10 overbought stocks with RSI above 70

Join us on a journey into the world of stock market dynamics as we uncover 10 stocks that are currently in the overbought zone. ETMarkets explores the significance of the Relative Strength Index (RSI) and its role in shaping investment strategies.

Suzlon Energy, Safari Industries among 10 overbought stocks with RSI above 70

On October 4, Wednesday, StockEdge detected 11 stocks trading in the overbought zone. In this article, ETMarkets delves into the significance of overbought conditions and explores 11 stocks that investors should keep an eye on.

Safari Industries, Union Bank among 10 overbought stocks with RSI trending above 70

Over 29 stocks surged into overbought territory on October 3, Tuesday. ETMarkets has identified 10 stocks that you should watch closely. This article explores the importance of RSI in stock assessment and why it matters for investors.

Safari Industries, 6 other small cap stocks hit all-time high on Wednesday

In a day marked by remarkable market activity, several small-cap stocks achieved unprecedented milestones by reaching new all-time highs on October 4.

Tata Investment, MCX among 10 overbought stocks with RSI trending above 70

The Relative Strength Index (RSI) is a versatile momentum oscillator that quantifies the speed and change of price movements. RSI values range from 0 to 100 and help investors determine whether a stock is overbought (above 70) or oversold (below 30). Here's why RSI is a crucial tool for investors:

Breakout Stocks: How CE Info Systems, Finolex Cables and MCX are looking on charts for Friday’s trade

Stocks that were in focus include names like CE Info Systems (Map My India) which was up more than 7% to hit a fresh record high, Finolex Cables also rallied more than 7% and MCX closed with gains of more than 8% to hit a fresh 52-week high on Thursday.

Fundamental Radar: Clear advantage in maps, navigation makes CE Info Systems a good bet: Narendra Solanki, Anand Rathi

MapmyIndia (MMI) is an Indian technology company that builds digital map data, telematics services, location-based SaaS and GIS AI technologies.