Strong buying was seen in the Just Dial share price during Thursday’s early morning trading session. The Just Dial share price today opened with an upward gap at ₹1,100 apiece and reached an intraday high of ₹1,224 per share on NSE, recording an intraday high of around 18%, following the release of Q1 results 2024 on Tuesday and on Wednesday. As the price of Just Dial shares increased to this intraday high, they also reached a new 52-week high.
Avinash Gorakshkar, Head of Research at Profitmart Securities, reacted to the increase in Jus Dial shares, saying, “Just Dial share price is rising as the company has reported strong quarterly results in the first quarter of the current fiscal. The company has registered topline growth of 13.60 percent, and it has reported over 69 percent YoY rise in the net profit. The company reported a strong rise in operating profit both sequentially and yearly. So, it is better-than-expected Q1 results 2024, fueling the company stock.”
Just Dial shares jumped 18.35% at ₹1224.00 on the NSE as of 11:44 AM.
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