CE Info Systems LtdDate : 22.02.2025
MAPMYINDIA
Timeframe : Day Chart
Technical Remarks :
1 Ichimoku cloud within the ascending flag is trend changer subject to breakout/breakdown, then exit will be high momentum
2 Breakout - Price exits neckline of ascending flag/triangle + rsi moves above above mean reversion, target 50% at fibonacci of 1866
3 Breakdown - Price goes below/exit ascending base of flag/triangle + confluence of trendline + rsi below mean reversion, target is deep at 78.6% of fibonnaci of 1364
Fundamental Remarks :
1 It is Virtually Debt Free
2 Delivered average Profit Growth of 31.69% in last 3 years
3 Delivered good Income growth over the past 3 years of 27.47%
4 Has healthy Operating Margin of 46.23%
5 Promoter holding 50% + // DII 7% + // FII 4% + // Public 36% + , Decent mix
Company Overview :
1 Company provides digital mapping, geospatial software, and location-based Internet of Things (ToT) technology solutions in India are commonly known as maps as a service (“MaaS”), software as a service (“SaaS”), and platform as a service (“PaaS”)
2 Some of the company's customers include PhonePe, Flipkart, Yulu, HDFC Bank, Airtel, and Hyunda
Regards,
Ankur
