CE Info Systems (MapmyIndia) has received an automotive OEM business contract from Hyundai AutoEver Corp, Seoul, worth ₹400 crore.
According to the regulatory filing, the project is to be executed for five years of vehicle production, with the start of production in 2024.
The C E Infosystems stock rose by 2.38 per cent on the NSE, traded at ₹2,014.05 as of 12.17 pm on Friday.