Just Dial was recommended by our team on 13/8/2013 Rs 690 with Trgt of 1200. Our Trgt has been achived in 4 months itself. You can see the old link here Click here.
We recommend to continue hold this stock with Trgt of 1500 Rs
Established in 1996, Just Dial (JD) is a pioneer of B2C local commerce in India on digital media.
With the digital classified industry estimated to grow at a CAGR of 26% to Rs39bn by 2016, JD is evidently well equipped to seize the growth opportunity.
It's strong brand recall, high business understanding, far superior services and path-breaking product pipeline make it a strong enabler for growing B2C local commerce in India.
With high operating leverage, negative working capital, low capex-driven model and cash-rich b/s, it’s profitability and cash generation potential are at a higher rate with growth.
Its growth is driven by Usage, which is driven by User experience, technology and improving user lifestyle. Paid listing is a derivative.
It’s service platform and content base are diverse, up-to-date and way ahead of competition; User experience on local search service is unmatched.
One can buy with a Trgt of 1200 Rs in 2 year time frame