MapmyIndia soars 11% on heavy volumes; stock zooms over 100% in 6 months

Shares of CE Info Systems (popularly known for its brand MapmyIndia) hit a record high of Rs 2,107, on surging 11 per cent on the BSE in Thursday’s intra-day trade backed by a 5-fold jump in its average trading volumes. The stock of software products company was trading higher for the fourth straight day and rallied 25 per cent during the period.

At 10:54 AM; MapmyIndia was trading 8 per cent higher at Rs 2,055, as compared to 0.08 per cent decline in the S&P BSE Sensex. A combined 1.1 million equity shares representing nearly 2 per cent of