Buy Just Dial, target Rs 525: Dr CK Narayan
Dr CK Narayan of Chart Advise has a buy call on Just Dial Ltd. with a target price of Rs 525. The current market price of Just Dial Ltd. is Rs 510.5 Time period given by the analyst is Intra Day when Just Dial Ltd. price can reach the defined target. Dr CK Narayan recommended to keep stoploss at Rs 500. Just Dial Ltd., incorporated in 1993, is a midcap company with a market cap of Rs 3441.61 crore.
Just Dial Ltd. key Products/Revenue Segments include Other Services which contributed Rs 767.78 Crore to Sales Value (98.21 % of Total Sales), Software Services which contributed Rs 7.91 Crore to Sales Value (1.01 % of Total Sales) and Other Operating Revenue which contributed Rs 6.08 Crore to Sales Value (0.77 % of Total Sales)for the year ending 31-Mar-2018.
For the quarter ended 30-09-2018, the company has reported a Standalone sales of Rs 221.03 Crore, up 4.54 % from last quarter Sales of Rs 211.43 Crore and up 13.66 % from last year same quarter Sales of Rs 194.47 Crore Company has reported net profit after tax of Rs 48.38 Crore in latest quarter. The companys top management includes Mr.B Anand, Mr.Malcolm Monteiro, Mr.Pulak Chandan Prasad, Mr.Ramani Iyer, Mr.Sanjay Bahadur, Mr.V Krishnan, Mr.V S S Mani, Mrs.Anita Mani. Company has S R Batliboi & Associates LLP as its auditoRs As on 30-09-2018, the company has a total of 67,416,422 shares outstanding.