JM Financial downgraded CE Info Systems' stock to 'reduce' and revised EPS estimates down by 1-7 per cent, factoring in the miss in Q1 FY27.
C.E. Info Systems, the parent company of MapmyIndia was down 3.5 per cent at ₹1,121.25 on the BSE in Thursday's intra-day trade, and has dropped 13 per cent in the past five trading days.