India, March 3 -- Shares of MapmyIndia parent CE Info Systems nosedivied more than 8% to INR 1,542 during the intraday trading sessions on the BSE today (March 3).

The stock later at 1:55 PM recouped some of its losses and was trading 5.17% lower at INR 1597.25 with its market capitalisation dropped to INR 8,692 Cr.

In the past one year, the stock has lost over 12% and in the last one month over 8%. In three out of the last seven sessions, the stock has ended in red, closing the last trading session at INR 1684.30 on the BSE.

The geotech company reported a 4% year-on-year increase in its consolidated net profit to INR 32.32 Cr in the December quarter of the fiscal year 2024-25 (Q3 FY25). Sequentially, net profit spiked 6% from INR 30.3...