Sell Just Dial, target Rs 555: Dr CK Narayan

Dr CK Narayan of Chart Advise has a sell call on Just Dial Ltd. with a target price of Rs 555. The current market price of Just Dial Ltd. is Rs 564.75. Time period given the by analyst is Intra Day when Just Dial Ltd. price can reach a defined target. Dr CK Narayan recommended to keep stoploss at Rs 572. Just Dial Ltd., incorporated in 1993, is a midcap company with a market cap of Rs 3805.62 Crore) operating in Service sector.

Just Dial Ltd. key Products/Revenue Segments include Sale of services which contributed Rs 674.62 Crore to Sales Value (97.65 % of Total Sales), Other Operating Revenue which contributed Rs 12.55 Crore to Sales Value (1.81 % of Total Sales) and Software Services which contributed Rs 3.66 Crore to Sales Value (0.52 % of Total Sales)for the year ending 31-Mar-2016.

For the quarter ended 31-03-2018, the company has reported a Standalone sales of Rs 200.47 Crore, up 1.87 % from last quarter Sales of Rs 196.79 Crore and up 10.32 % from last year same quarter Sales of Rs 181.72 Crore Company has reported net profit after tax of Rs 38.96 Crore in latest quarter.


The company’s 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 31-03-2018, the company has a total of 67,385,975 shares outstanding.