Big Block Deal Shakes Up MapmyIndia: PhonePe Sells, Market Reacts

Unknown Apr 02, 2026 1,050 Views

MapmyIndia’s stock took a hit today after PhonePe decided to sell a 5% stake in the company through a block deal worth about Rs 476 crore. The shares were offered at Rs 1,750 each, which is more than 10% lower than yesterday’s closing price. Not surprisingly, MapmyIndia’s stock...