MapMyIndia share price falls over 5% after a 16% jump in previous session. Opportunity to buy?

MapMyIndia share price declined over 5% on Tuesday after witnessing a sharp rally in the previous session. MapMyIndia shares plunged as much as 5.74% to ₹1,800.25 apiece on the BSE.

MapMyIndia, shares rallied more than 16% on Monday to close at ₹1,909.95 apiece on the BSE, after the company’s board of directors decided that the company will not invest in the outgoing CEO Rohan Verma’s new venture.