Apple’s India Map Provider Doubles as It Rivals Google’s Product
- MapmyIndia shares have jumped on consumer-facing map service
- Analysts debate the outlook for the stock following the rally
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An Indian navigation company’s stock, which was favored by Mark Mobius, has doubled in about six months as its mapping service grows more popular in the country, pitting it against Alphabet Inc.’s Google Maps. Market watchers are now split on whether the rally will continue.