This Mukesh Ambani-backed stock surges 18% as Q1 profit jumps 69%
Just Dial shares touched a 52-week high of ₹1,218.95 today, rebounding 75% from its 52-week low of ₹694.80 hit on September 22, 2023.
Just Dial shares touched a 52-week high of ₹1,218.95 today, rebounding 75% from its 52-week low of ₹694.80 hit on September 22, 2023.
The largecap stock gained 8.5% to hit a 52-week high of ₹945.80 intraday on Monday after it posted stellar earnings in the December quarter
Just Dial, now a part of Reliance Industries, reported nearly three-fold growth in its net profit at ₹71.3 crore, while revenue grew 39.3% YoY to ₹221.4 crore.
Reliance Retail, the promoter of Just Dial, will sell 16.86 lakh equity shares of the company through open market to meet minimum public shareholding norms.
The BSE Sensex and the NSE Nifty are likely to open on a flat note on Tuesday as trends on SGX Nifty indicate a muted opening for the Indian bourses.