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MapMyIndia shares drop 8% despite strong Q1 earnings; PAT jumps 8% YoY

Partially corroborated51

Shares of MapMyIndia (C.E. Info Systems) fell nearly 8% on Wednesday, hitting a low of Rs 1,048 against the previous close of Rs 1,139, despite the company reporting strong Q1 earnings on Tuesday, with revenue rising 15% and profit after tax (PAT) increasing 8%.According to a filing with the exch...

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