Mapmyindia Rohan Verma : Will the stock rerate after the apparent victory of minority shareholders?

Mapmyindia Rohan Verma : The board clarified that the company will continue to prioritise its B2B and B2B2C segments, which currently contribute over 99 percent to revenues and present a significant growth potential.

Mapmyindia Rohan Verma

We believe this reversal is a positive outcome for all stakeholders, ensuring fairness and aligning with the best interests of MMI’s minority shareholders.

Mapmyindia Rohan Verma

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–  Quarterly performance largely backed by improved realisations
–  Medium-term triggers China plus and protectionist measures for tyre industry
–  Valuations not inexpensive; but improved medium-term outlook

Mapmyindia Rohan Verma

MapmyIndia (MMI; CMP: Rs 1,910; M Cap: Rs 10,391 crore, Rating: Overweight), a part of our Diwali portfolio, had recently announced a corporate action that raised concerns over its treatment of minority shareholders. This development has led to a sharp decline of over 10 percent in the stock price.