Buy Just Dial, target price Rs 870: ICICI Securities

Just Dial Ltd. key Products/Revenue Segments include Other Services and Software Services for the year ending 31-Mar-2022.

By ETMarkets.com | Updated: Oct 13, 2023, 10.30 AM IST

Promoters held 74.3 per cent stake in the company as of 30-Jun-2023, while FIIs owned 5.33 per cent, DIIs 9.13 per cent.

ICICI Securities has buy call on Just Dial Ltd. with a target price of Rs 870. The current market price of Just Dial Ltd. is Rs 731.2.

Just Dial Ltd., incorporated in the year 1993, is a Mid Cap company (having a market cap of Rs 6251.71 Crore) operating in Services sector.

Just Dial Ltd. key Products/Revenue Segments include Other Services and Software Services for the year ending 31-Mar-2022.

Financials
For the quarter ended 30-06-2023, the company reported a Consolidated Total Income of Rs 328.38 Crore, up 7.07 % from last quarter Total Income of Rs 306.69 Crore and up 161.43 % from last year same quarter Total Income of Rs 125.61 Crore. Company reported net profit after tax of Rs 83.40 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 74.3 per cent stake in the company as of 30-Jun-2023, while FIIs owned 5.33 per cent, DIIs 9.13 per cent.

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