Shares of Just Dial have rallied over 10% to Rs 1,169 ahead of July-September (Q2) earnings today.
The stock opened at Rs 1,054 and touched high of Rs 1,189, also its new high since listing in June this year on BSE. A combined 859,368 shares have already changed hands on the counter till 0955 hours against an average sub one million shares that were traded daily in past two weeks on BSE and NSE.
The stock has rallied 57% in past one month compared to 4% rise in benchmark index.
The board of directors of the company is schedule to meet today to announce the unaudited financial results for the quarter ended September 2013.
The company had reported 69% year on year (yoy) growth in net profit at Rs 28 crore for the first quarter ended June 2013. Operational revenues was grew 28% at Rs 105 on yoy basis.
Meanwhile, the board will also discuss the new business opportunities available to the company and order received from Government of Karnataka permitting the company to establish an IT/ITES - BPO and Software Development Centre at IT/ ITES Park in Bangalore, Just Dial said in a regulatory filing.
The stock opened at Rs 1,054 and touched high of Rs 1,189, also its new high since listing in June this year on BSE. A combined 859,368 shares have already changed hands on the counter till 0955 hours against an average sub one million shares that were traded daily in past two weeks on BSE and NSE.
The stock has rallied 57% in past one month compared to 4% rise in benchmark index.
The board of directors of the company is schedule to meet today to announce the unaudited financial results for the quarter ended September 2013.
The company had reported 69% year on year (yoy) growth in net profit at Rs 28 crore for the first quarter ended June 2013. Operational revenues was grew 28% at Rs 105 on yoy basis.
Meanwhile, the board will also discuss the new business opportunities available to the company and order received from Government of Karnataka permitting the company to establish an IT/ITES - BPO and Software Development Centre at IT/ ITES Park in Bangalore, Just Dial said in a regulatory filing.