C.E. Info Systems Experiences High Trading Volume Amidst Notable Stock Volatility
C.E. Info Systems Ltd, known as MAPMYINDIA, has seen substantial trading activity today, with nearly 1.82 million shares exchanged. The stock opened significantly lower and experienced notable intraday volatility. Despite recent challenges, it remains above its 100-day moving average, highlighting ongoing investor interest in the company.
C.E. Info Systems Ltd, trading under the symbol MAPMYINDIA, has emerged as one of the most active equities today, with a total traded volume of 1,822,587 shares and a total traded value of approximately Rs 32.98 crores. The stock opened at Rs 1,819.1, reflecting a significant loss of 6.87% from the previous close of Rs 1,953.3. Throughout the trading session, it reached a day high of Rs 1,829.9 and a day low of Rs 1,777.7, marking an intraday decline of 8.99%.In terms of performance, C.E. Info Systems has underperformed its sector by 8.4%, while the broader market, represented by the Sensex, saw a decline of 0.45%. The stock's one-day return stands at -8.33%. Notably, the stock's delivery volume on June 11 surged by 489.24% compared to its five-day average, indicating rising investor participation.
Despite the current challenges, the stock remains above its 100-day moving average, although it is below the 5-day, 20-day, 50-day, and 200-day moving averages. With a market capitalization of Rs 9,743.91 crores, C.E. Info Systems continues to be a notable player in the software products industry. Overall, the stock's performance today reflects significant volatility and investor activity.
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