Just Dial Ltd is an Indian company providing search services all over India, over the Phone, Web, Mobile and SMS. It is headquartered in Mumbai, Maharashtra.
Shares of Just Dial gained momentum in weak market after the board of directors approved increasing limit of Foreign Institution Investors/Foreign Portfolio Investors to 75 per cent from existing 49 per cent.
The board has also approved acquistion of Just Dial Inc. from Just Global Private Limited, subject to necessary approvals.
Earlier this month, the company had announced plan to expand business in th United Kingdom and United Arab Emirates. It also has plans to enter South East Asian market.
The promoters holding in the company stood at 32.99% while Institutions and Non-Institutions held 30.38% and 36.63% respectively.
The BSE group 'B' stock of face value Rs 10 has touched a 52 week high of Rs 1894.70 and a 52 week low of Rs 627.50 resectively
Just Dial is currently trading at Rs 1788.00, up by 52.95 points from its previous closing of Rs 1735.05 on the BSE.
No comments:
Post a Comment