MapmyIndia freezes at 20%, hits record high on heavy volumes

Shares of C.E. Info Systems (MapmyIndia) were locked in the 20-per cent upper circuit at Rs 2,401.90, hitting a record high on the BSE on Thursday, amid heavy volumes. The stock of the software products company surpassed its previous high of Rs 2,340, touched on November 17, 2023.

Average trading volumes on the counter jumped multi-fold with a combined 3.64 million shares, representing 6.72 per cent of total equity of MapmyIndia, changing hands on the NSE and BSE.