Just Dial gains on bargain hunting

Just Dial rose 1.45% to Rs 1,294.55 at 14:46 IST on BSE, with the stock gaining on bargain hunting after recent decline.

Meanwhile, the S&P BSE Sensex was down 481.03 points or 1.76% at 26,838.53

On BSE, so far 26,781 shares were traded in the counter as against average daily volume of 31,131 shares in the past one quarter.

The stock hit a high of Rs 1,323.90 and a low of Rs 1,250 so far during the day. The stock had hit a record high of Rs 1,894.70 on 5 August 2014. The stock had hit a 52-week low of Rs 983.10 on 6 May 2013.

The stock had underperformed the market over the past one month till 15 December 2014, falling 14.14% compared with 2.59% fall in the Sensex. The scrip had also underperformed the market in past one quarter, falling 26.3% as against Sensex's 1.88% rise.

The mid-cap company has equity capital of Rs 70.39 crore. Face value per share is Rs 10.

Shares of Just Dial had declined 19.28% in eight trading days to Rs 1,276 on 15 December 2014 from a recent high of Rs 1,580.85 on 3 December 2014.

Just Dial's net profit rose 9.9% to Rs 31.49 crore on 30.8% growth in net sales to Rs 147.40 crore in Q2 September 2014 over Q2 September 2013.

Just Dial provides local search related services to users in India through multiple platforms such as the internet, mobile internet, over the telephone (voice) and text (SMS). The company has also initiated its 'Search Plus' services for its users.

Powered by Capital Market - Live News