Just Dial shares rise 5% on jump in Q4 profit
The local search engine's stock gained 5% in intraday trade to ₹689 apiece on the National Stock Exchange (NSE).
The local search engine's stock gained 5% in intraday trade to ₹689 apiece on the National Stock Exchange (NSE).
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.