C.E. Info Systems share fall 11% after reports of Google’s price cut for Indian developers

C.E. Info Systems’ share fell roughly 11% on Thursday, ranking among the BSE index’s main losers, following the announcement that Google is cutting map prices for Indian developers.

Starting on August 1, 2024, Google plans to lower the cost of the Google Maps Platform for Indian developers by up to 70%, according to a CNBC-TV18 that cited Moneycontrol. To help with the development of location-based solutions, the company has introduced a new price structure that is adapted to each nation.

C.E. Info Systems share opened at ₹2,216.95 on BSE and reached an intraday high of ₹2,453.30.

C.E. Info Systems shares were down 6.63% at ₹2313.00 on the NSE as of 11:33 AM.

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