Just Dial surges over 10% on heavy volumes

The stock surged 14% to Rs 391 on the BSE, its sharpest intra-day gain in past 10 months.

Just Dial has surged 14% to Rs 391 on the BSE, its sharpest intra-day gain in past 10 months, on back of heavy volumes. Earlier, on March 4, 2016, the stock rallied 16% during intra-day trade.

At 11:50 am; the stock was up 13% at Rs 388 as compared to 0.85% rise in the S&P BSE Sensex. The trading volumes on the counter jumped more than five-fold with a combined 5.55 million shares changing hands on the BSE and NSE so far.

Just Dial has called a  Court convened meeting on Tuesday, January 17, 2017 to consider and approve