MapmyIndia's Revenue Soars, Subsidiary Restructured

Goldman Sachs has set a price target of INR 2,800 on MapmyIndia's stock, implying an upside of almost 40% from its close on Wednesday.

Here's why this matters:

1/ Riding the Digital Wave: MapmyIndia isn't just mapping streets; it's...

• MapmyIndia's shares rose by nearly 3% after announcing a 4% YoY increase in net profit to INR 32.32 Cr for Q3 FY25.
• The company's EBITDA saw a significant jump of 15.7%, reaching INR 41.7 Cr from last year's INR 36 Cr.
• Revenue from...

𝟏. 𝐖𝐚𝐥𝐦𝐚𝐫𝐭 𝐄𝐱𝐞𝐜 𝐒𝐚𝐲𝐬 𝐈𝐏𝐎𝐬 𝐅𝐨𝐫 𝐅𝐥𝐢𝐩𝐤𝐚𝐫𝐭 𝐀𝐧𝐝 𝐏𝐡𝐨𝐧𝐞𝐏𝐞 𝐂𝐨𝐮𝐥𝐝 𝐓𝐚𝐤𝐞 𝐂𝐨𝐮𝐩𝐥𝐞 𝐎𝐟 𝐘𝐞𝐚𝐫𝐬

Walmart is planning IPOs for Flipkart and PhonePe within the next 2 years; Walmart may priori...

• Awfis reported a consolidated net profit of INR 15.18 Cr in Q3 FY25, a significant improvement from a loss of INR 6.29 Cr in the same quarter last year.
• Revenue from operations surged 44% YoY to INR 317.72 Cr, despite a 61% decline i...