MapmyIndia Sheds Over 8% Intraday On High Volumes, P/E Valuation Pressure
By Shishta Dutta | Updated at: Jun 13, 2025 10:52 AM IST
Mumbai, June 12 (14:30 IST) — The shares of C.E. Info Systems Ltd (NSE: MAPMYINDIA) were trading sharply lower on Wednesday afternoon, down ₹167.3 or 8.56% at ₹1,786.00 as of 14:30 IST. This was on strong volumes, with investors taking a wait-and-see approach due to high valuations.
Intraday Market Snapshot (as of 14:30 IST)
| Metric | Value |
|---|---|
| Previous Close | ₹1,953.30 |
| Open | ₹1,819.10 |
| High | ₹1,829.90 |
| Low | ₹1,777.70 |
| Last Traded Price | ₹1,786.00 |
| VWAP | ₹1,807.19 |
| Traded Volume | 21.59 lakh |
| Traded Value | ₹390.11 crore |
The decline reflects one of the steepest intraday losses for the stock in recent months, with selling pressure intensifying across broader midcap counters.
Valuation Stress: P/E at 70+
MapmyIndia continues to trade at an elevated price-to-earnings (P/E) ratio of 70.07, higher than the market benchmarks. Importantly, the scrip has sustained a P/E greater than 50 for four trailing quarters, indicating that the valuation remains stretched relative to the earnings.
Market Depth and Delivery Data
| Parameter | Value |
|---|---|
| Buy Quantity | 1,11,059 shares |
| Sell Quantity | 1,16,261 shares |
| Deliverable % | 39.28% |
| Free Float Mkt Cap | ₹2,519.22 crore |
| Total Market Cap | ₹9,719.43 crore |
| Impact Cost | 0.06 |
A slightly higher sell-side quantity suggests cautious sentiment, while strong delivery volume indicates positional trades rather than intraday speculation.
Volatility and Risk Profile
| Metric | Value |
|---|---|
| 52-Week High | ₹2,747.85 |
| 52-Week Low | ₹1,513.00 |
| Daily Volatility | 2.39% |
| Annualised Volatility | 45.66% |
| Lower Circuit Band | ₹1,562.70 |
| Upper Circuit Band | ₹2,343.90 |
If the downtrend extends, the current price is 35% below the 52-week high, with only a 15% buffer left before hitting the lower circuit threshold.
About the Company
C.E. Info Systems Ltd, under the MapmyIndia brand, is India’s leading provider of digital maps, geospatial software, and GPS navigation services. It was listed on the NSE on December 21, 2021, and is part of the NIFTY 500 index. The company caters to automotive, logistics, and government industries with cutting-edge location-based solutions.
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