MapMyindia share price rises 2% despite the sale of stock market; Here's why

Share Market Today: MapMyindia share price rose 2% on Friday during the Intraday Ambagte despite the sale of stock market. Some of the main reasons are the announcement of the Q1 results and also the investments announced. Checking the stock market today: MapMyindia share price (Pixabay) stock market Today: MapMyindia share price rose 2% on Friday during the Intraday Ambagte, despite the sale of stock market. Some of the main reasons are the announcement of the Q1 results and also the investments announced. Checking the details MapMyindia Q1 Results MapMyindia reported £ 46.18 crore as the Q1 -Netto profit. The net profit during the April to June 2025 quarter had a sharp 30% of more than £ 35.31 during the previous quarter. MapMyindia Q1 revenue from operations at £ 12.16 crore was also a 21% increase compared to £ 10.14 crore in the previous quarter at the operating level, the performance remained strong for MapMyindia. The profit before tax at £ 60.27 for MapMyindia during the quarter ended June 2025 had a strong growth of 27.8% compared to £ 47.15 during the June 2024 quarter. MapMyindia investments in a subsidiary to buy 43,759 shares of m/s. Gtropy Systems Private Limited, the material subsidiary of the company, at a share price of Rs. 5713 Each evaluated and approved the Council an investment of RS. 24,99,95,167/- (Rupees twenty-four crore ninety-nine lakhs five and ninety thousand hundred and sixty-seven seven). This would increase the importance of the business from 75.98 % to 96.00 %, with the right to achieve the balance of the 4 % shareholding at current valuations. The MapMyindia board also considered and approved and an investment of Rs. 25,00,00,000/- (Rupees only twenty-five crore) at 75,18,797 compulsory convertible preference shares (CCPs), at a price of Rs. 33.25/- per ccps on a fully diluted basis in m/s. ‘Zepto’ Private Limited (formerly known as Kiranakart Technologies Private Limited), which is involved in the QuickCommerce industries. The proposed investment is part of the company’s strategic initiative to gain power and obtain capabilities and a series of solutions to the big and fast-growing fast trading in MapMyindia share price movement CE Info Systems Ltd., or MapMyIndia share price, opened at £ 1798.05 on the BSE on Friday, slightly higher than the previous day’s closing price of £ 1752.25. The MapMyindia share price then performed further to an intradagic high of £ 1801.75, marking the profit of about 2%. This was especially on a day when the benchmark Sensex dropped more than 0.7%. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not coin. We advise investors to check with certified experts before making investment decisions.