MapMyIndia Shares Surge 10% on Integration Hopes and Government Endorsement
CE Info Systems, parent of MapMyIndia, saw a 10% jump in share price due to potential app integration with Zoho's Arattai and endorsements from government officials. Railways and IT Minister Ashwini Vaishnaw praised Mappls app, calling it a 'must try' product. The stock closed at ₹1,822.50, up 7.40%, but still below its 52-week high of ₹2,204.00.

*this image is generated using AI for illustrative purposes only.
CE Info Systems , the parent company of MapMyIndia, saw its shares jump 10% following a flurry of positive developments, including potential app integration and government endorsement. The surge in share price was driven by multiple factors that have caught investors' attention.
Potential Integration with Zoho's Arattai
Social media discussions about a possible integration between MapMyIndia's Mappls app and Zoho's Arattai chat application sparked investor interest. Rohan Verma, Director of CE Info Systems, expressed openness to integration, stating the company's willingness to work with Arattai through their APIs and SDKs.
Government Endorsement
The stock's upward movement was further fueled by endorsements from high-ranking government officials:
- Railways and IT Minister Ashwini Vaishnaw featured MapMyIndia in presentations
- Minister Vaishnaw praised Mappls as having 'good features' and being a 'must try' product
Stock Performance
The positive news had a significant impact on CE Info Systems' stock:
Metric | Value |
---|---|
Intraday High | +10.00% |
Closing Price | ₹1,822.50 |
Price Change | +7.40% |
52-Week High | ₹2,204.00 |
Despite the impressive gains, it's worth noting that the stock still trades below its 52-week high, indicating potential room for growth if the company capitalizes on these positive developments.
Investors and market watchers will likely keep a close eye on CE Info Systems in the coming days, monitoring any official announcements regarding the Arattai integration and further government endorsements or partnerships.
Historical Stock Returns for CE Info Systems
1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
---|---|---|---|---|---|
-4.13% | +10.86% | +13.37% | +8.30% | -13.76% | +34.09% |