Mark Mobius-Backed Company MapmyIndia’s Stock Surges

MapmyIndia, a company supported by Mark Mobius, has seen its stock price double as its mapping service gains popularity in India.

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Shares of MapmyIndia, formerly known as CE Info Systems Ltd., have surged by about 104% since the end of March

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This growth is attributed to the rising demand for its consumer-focused app, Mappls.

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