Buy Just Dial, target price Rs 1260: ICICI Securities

ICICI Securities has buy call on Just Dial with a target price of Rs 1260. The current market price of Just Dial Ltd. is Rs 1079.1.

Just Dial Ltd., incorporated in the year 1993, is a Mid Cap company (having a market cap of Rs 9063.18 Crore) operating in Services sector.

Just Dial Ltd. key Products/Revenue Segments include Other Services and Software Services for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 361.56 Crore, up 6.37 % from last quarter Total Income of Rs 339.90 Crore and up 17.89 % from last year same quarter Total Income of Rs 306.69 Crore. Company reported net profit after tax of Rs 115.74 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 74.3 per cent stake in the company as of 31-Mar-2024, while FIIs owned 5.31 per cent, DIIs 8.18 per cent.