The stock opened at Rs 1,271 and touched a high of Rs 1,361 on the BSE. A combined 820,000 shares have changed hands on the counter so far on the BSE and NSE.
Shares of Just Dial have outperformed the market by surging 18% in past four trading sessions compared to 1.3% rise in benchmark S&P BSE Sensex.
Just Dial provides local search related services to users in India through multiple platforms such as internet, mobile internet, over the telephone (voice) and text (SMS).
An inclusion in global benchmark indices such as FTSE prompts buying from passive trackers of the FTSE indices.
FTSE, which is a part of the London Stock Exchange Group, is a world-leader in providing global index and analytical solutions. FTSE indices are used extensively by a range of investors such as consultants, asset owners, fund managers, investment banks, stock exchanges and brokers.
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