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Just Dial tumbles after weak Q3 results

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Capital Market

Just Dial fell 7.73% to Rs 724 at 13:26 IST on BSE after 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.

The result was announced during trading hours today, 28 January 2016.

Meanwhile, the BSE Sensex was up 27.13 points, or 0.11%, to 24,519.52.

On BSE, so far 3.21 lakh shares were traded in the counter, compared with an average volume of 1.10 lakh shares in the past one quarter. The stock hit a high of Rs 754.50 so far during the day. The stock hit a low of Rs 715 so far during the day, which is also a 52-week low for the counter. The stock hit a 52-week high of Rs 1,631.70 on 28 January 2015. The stock had underperformed the market over the past one month till 27 January 2016, sliding 9.27% compared with 5.21% decline in the Sensex. The scrip had also underperformed the market in past one quarter, sliding 20.98% as against Sensex's 10.13% fall.

 

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

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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First Published: Jan 28 2016 | 1:25 PM IST

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