Buy Just Dial, target price Rs 750: ICICI Securities

ICICI Securities has buy call on Just Dial with a target price of Rs 750. The current market price of Just Dial Ltd. is Rs 597.15. Time period given by analyst is one year when Just Dial Ltd. price can reach defined target.

Just Dial Ltd., incorporated in the year 1993, is a Mid Cap company (having a market cap of Rs 4983.42 Crore) operating in Services sector.

Just Dial Ltd. key Products/Revenue Segments include Other Services, Interest, Software Services and Income From Financial Services for the year ending 31-Mar-2021.



Financials
For the quarter ended 30-09-2022, the company reported a Consolidated Total Income of Rs 261.76 Crore, up 108.39 % from last quarter Total Income of Rs 125.61 Crore and up 36.64 % from last year same quarter Total Income of Rs 191.57 Crore. Company reported net profit after tax of Rs 52.16 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 77.05 per cent stake in the company as of 30-Jun-2022, while FIIs owned 2.86 per cent, DIIs 5.95 per cent.