Sell Just Dial, target Rs 720: Manas Jaiswal

Manas Jaiswal of manasjaiswal.com has a sell call on Just Dial Ltd. with a target price of Rs 720.0 . The current market price of Just Dial Ltd. is Rs 747.25 Time period given by the analyst is Intra Day when Just Dial Ltd. price can reach the defined target. Manas Jaiswal recommended to keep stoploss at Rs 760. Just Dial Ltd., incorporated in 1993, has a market cap of Rs 4838.97 crore.

Just Dial Ltd. key Products/Revenue Segments include Other Services which contributed Rs 767.78 Crore to Sales Value (98.21 % of Total Sales), Software Services which contributed Rs 7.91 Crore to Sales Value (1.01 % of Total Sales) and Other Operating Revenue which contributed Rs 6.08 Crore to Sales Value (0.77 % of Total Sales)for the year ending 31-Mar-2018.

For the quarter ended 31-03-2019, the company has reported a Standalone sales of Rs 232.26 Crore, up 2.42 % from last quarter Sales of Rs 226.78 Crore and up 15.86 % from last year same quarter Sales of Rs 200.47 Crore Company has reported net profit after tax of Rs 62.55 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 31-03-2019, the company has a total of 64,757,105 shares outstanding.