Just Dial shares surge over 10% on strong Q4 profit

Just Dial shares surged over 8% in early trading on April 18, following the company’s announcement of its results for the January to March 2024 quarter.

At 11:27 am, Just Dial’s share price soared by 10.43% to Rs 984.05 on the NSE. Over the past month, the stock has soared by 25%, outperforming the benchmark Sensex which rose by 0.79% during the same period.

The surge on Thursday came after the firm reported 38.44% increase in consolidated net profit to Rs 115.74 crore in the fourth quarter ended March 31, 2024 up from the consolidated net profit of Rs 83.6 crore in the corresponding period of the previous fiscal year, as per regulatory filings.

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