CE Info Systems (MapmyIndia) Shares Jump 8% After Minister’s Endorsement

Shares of CE Info Systems Ltd (MapmyIndia) surged nearly 8% today after Railway Minister Ashwini Vaishnaw publicly endorsed the company’s navigation app Mappls on social media. The minister praised the app’s advanced features such as 3D junction views, real-time traffic alerts, and accident spot warnings, and encouraged citizens to use it as a homegrown alternative to Google Maps. Investor enthusiasm grew further after reports suggested that Indian Railways may soon sign an MoU with MapmyIndia for geospatial and navigation support. The endorsement has boosted confidence in the company’s potential to secure government and institutional contracts, strengthening its long-term growth outlook. The stock also benefited from positive sentiment in tech and digital infrastructure themes, with traders expecting increased adoption of indigenous navigation solutions amid India’s focus on digital sovereignty.