Just Dial slumps over 28% in three sessions

Just Dial fell 7.29% to Rs 564.30 at 13:09 IST on BSE, extending recent slide triggered by the company's weak Q3 December 2015 results.

The result was announced during trading hours on 28 January 2016.

Meanwhile, the BSE Sensex was up 31.36 points, or 0.13%, to 24,902.05.

On BSE, so far 9.10 lakh shares were traded in the counter, compared with an average volume of 1.24 lakh shares in the past one quarter. The stock hit a high of Rs 622.70 so far during the day. The stock hit a low of Rs 544 so far during the day, which is also a record low for the counter. The stock hit a 52-week high of Rs 1,581.20 on 3 February 2015. The stock had underperformed the market over the past one month till 29 January 2016, sliding 29.41% compared with 4.64% decline in the Sensex. The scrip had also underperformed the market in past one quarter, falling 28.79% as against Sensex's 7.33% fall.

The mid-cap company has an equity capital of Rs 70.52 crore. Face value per share is Rs 10.

Just Dial's net profit fell 16.02% to Rs 26.99 crore on 14.58% increase in total income to Rs 180.90 crore in Q3 December 2015 over Q3 December 2014.

Shares of Just Dial slumped 8.50% to Rs 717.95 on 28 January 2016. The stock has fallen 28.08% in three sessions from Rs 784.65 on 27 January 2016.

Just Dial started offering local search services in 1996 under the Just Dial brand and is now the leading local search engine in India.

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