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Just Dial slumps after Q2 results

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Just Dial tumbled 10.54% to Rs 862.80 at 11:40 IST on BSE as bottom line growth in Q2 September 2015 was boosted by surge in non-operational income.

The result was announced before market hours today, 29 October 2015.

Meanwhile, the S&P BSE Sensex was down 88.91 points or 0.33% at 26,950.85.

On BSE, so far 1.99 lakh shares were traded in the counter as against average daily volume of 81,558 shares in the past one quarter.

The stock hit a high of Rs 941.40 and a low of Rs 853 so far during the day. The stock had hit a 52-week low of Rs 749 on 25 August 2015. The stock had hit a 52-week high of Rs 1631.70 on 28 January 2015.

 

The stock had underperformed the market over the past one month till 28 October 2015, sliding 2.12% compared with Sensex's 5.55% rise. The scrip, had also underperformed the market in past one quarter, declining 8.75% as against Sensex's 1.53% fall.

The mid-cap company has equity capital of Rs 70.49 crore. Face value per share is Rs 10.

Just Dial's net profit rose 47.03% to Rs 46.30 crore on 16.19% growth in total income from operations to Rs 171.27 crore in Q2 September 2015 over Q2 September 2014. There was a 208.57% jump in non-operational income to Rs 26.26 crore in Q2 September 2015 over Q2 September 2014.

Just Dial started offering local search services in 1996 under the Justdial brand and is now the leading local search engine in India.

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First Published: Oct 29 2015 | 11:40 AM IST

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