Will just dial share price increase?
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Yes. The Just Dial Ltd stock price can go up from 798.900 INR to 1027.460 INR in one year.
What causes stocks to go up so quickly in value?
Stock prices change everyday by market forces. If more people want to buy a stock (demand) than sell it (supply), then the price moves up. Conversely, if more people wanted to sell a stock than buy it, there would be greater supply than demand, and the price would fall. Understanding supply and demand is easy.
What does higher share price indicate?
Publicly traded companies place great importance on their stock share price, which broadly reflects a corporation’s overall financial health. As a rule, the higher a stock price is, the rosier a company’s prospects become.
Is it good to invest in just dial?
With a market cap of over Rs 8,000 crore or $1.3 billion and a revenue and profit of Rs 360 cr and Rs 101 cr respectively, Just Dial is in a sweet spot. The stock is also fancied by foreign private equity players and large institutions. Hence, the stock is a fantastic buy at the current price for multi-bagger gains.
Who is the owner of Just Dial?
Reliance RetailJust Dial / Parent organization
Who sets the stock market price?
Generally speaking, the prices in the stock market are driven by supply and demand. This makes the stock market similar to other economic markets. When a stock is sold, a buyer and seller exchange money for share ownership. The price for which the stock is purchased becomes the new market price.
Supply and Demand The faster a business grows, the more willing investors are to purchase its stock, and the more they are willing to pay for it. If the supply of stock remains the same while the demand for it increases, the stock price will go up.
Is Just Dial debt free?
Being debt free, company has surplus cash of Rs. 476 crore.
Is Just Dial Indian company?
JustDial is an Indian internet technology company that provides local search for different services in India over the phone, website and mobile apps. Founded in 1996 by VSS Mani, the company is headquartered in Mumbai, India.