Just Dial rings back into green

By Research Desk
about 8 years ago

Post the poor performance of Just Dial for Q3FY16, the stock was battered relentlessly. The stock, every single day has been hitting new lows ever since then – yesterday also it hit a new 52-week low at Rs.544. But today, the stock has bounced back sharply. The stock, intra day went up 5% to Rs.594 and it currently remains 4.5% higher.

The company which declared its numbers on 28th Jan, posted a 16% (YoY) drop in net profit at Rs.27 crore on a 14% rise in total income

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