Justdial attracting investors despite high valuations: Jagannadham Thunuguntla

In a chat with ET Now, Jagannadham Thunuguntla, Equity Head & HoR, SMC Capitals, shares his views on Just Dial. Excerpt:
ET Now: Your call on Justdial?

Jagannadham Thunuguntla: It makes sense to book at least 50-60% of the profit. This stock, despite its high valuations, is attracting lot of investors.

Many people are parking money in these kind of stocks. But, it always make sense to book at least 50-60% of the profit.