During the early trading hours on Wednesday, CE Info Systems witnessed a significant uptick in its share price, rising nearly 4 percent on the BSE. The shares surged by 3.96 percent, equivalent to Rs 82.55, reaching a notable Rs 2,167.80 each at 10:23 am.
The positive market response followed the company’s robust second-quarter results, announced the previous day. CE Info Systems reported a remarkable 30 percent increase in its consolidated profit after tax, coupled with a notable 19 percent growth in revenues on a Year-on-Year basis. This impressive financial performance underscored the company’s strong operational capabilities and strategic initiatives, resonating well with investors.
As the day progressed, CE Info Systems’ shares maintained their upward trajectory, trading 2.55 percent higher at ₹2,136.10 by 2:55 pm.
