Just Dial Share Price: Thursday was a very important day for many companies because the quarterly results of many companies were released on this day. On Thursday, Just Dial had released the results for the quarter of March 2024. The company's net profit has increased by 37.90 percent on an annual basis in the March quarter to Rs 115.60 crore. Since the release of the quarterly results of Just Dial, there has been a tremendous rise in the shares of the company. On Wednesday, Just Dial shares opened at Rs 950.05 on NSE. But, after the quarterly results came, the company's shares reached a record level of Rs 1,019.90. In such a situation, the shares of the company have touched the 52-week record level of Rs 1079 on Friday.
Shares rose by 14 percent in one day
A rise of 14.86 percent i.e. Rs 132.40 was recorded in the shares of Just Dial on Thursday and they were trading at Rs 1,023.50. The trend of rise in shares on Thursday continued on Friday also and today the company's shares have reached Rs 1,071.70 with a rise of 6.22 percent i.e. Rs 62.80.
How much did the company's earnings increase?
Just Dial has informed in its market filing that its operating revenue in the financial year 2024 has increased from Rs 845 crore to Rs 1043 crore on an annual basis. At the same time, the net profit of the company for the financial year 2024 has increased from Rs 163 crore to Rs 363 crore.
Shares rose by 62 percent in one year
The company's shares have gone up by about 62 percent in the last one year. On April 19, 2023, Just Dial shares were at Rs 997.85 on NSE, which has now increased to Rs 1,071.70.
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