MapmyIndia scales a record high, up 10%; stock surges 22% in last 2 days

With the last two-day rally, the stock now trades at a whopping 72 per cent premium over its issue price of Rs 1,033 per share.

Shares of C E Info Systems (MapmyIndia) hit a new high of Rs 1,774.80, on rallying 10 per cent on the BSE in Wednesday’s intra-day trade. The stock has surged 22 per cent in last two trading sessions after having made a strong debut last week.

With the past two-day rally, MapmyIndia now commands a whopping 72 per cent premium to its issue price of Rs 1,033 per share on the BSE. The company had made its stock market debut on December 21, 2021.

On listing day, the foreign portfolio investors had purchased 694,808 equity shares of MapmyIndia