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Just Dial extends rally after HDFC Mutual Fund buys stake

The stock surged 10% to Rs 548 in noon deal, extending its Friday's 9% surge on the NSE.

Just Dial
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Just Dial

SI Reporter Mumbai
Just Dial has surged 10% to Rs 548 on the National Stock Exchange (NSE) in noon deals, extending its Friday’s 9% surge, after HDFC Mutual Fund bought one percentage point stake in the company for about Rs 35 crore via block deals.

On November 10, 2017, HDFC Mutual Fund had purchased 680,000 shares representing 1% of Just Dial through block deals.

HDFC Mutual Fund bought 340,000 shares at price of Rs 520 per share, and another 340,000 shares at price of Rs 522.79 per share on the NSE, the block deal data shows. 

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