Thursday, 3 December 2015

JustDial down 5%; to invest upto Rs.164.5 crore on share buyback programme

The company plans to buy back up to 10.61 lakh shares at Rs 1,550 a share on proportionate basis.


JustDial Ltd reportedly said it will invest up to Rs. 164.5 crore on a share buyback programme. 
The company plans to buy back up to 10.61 lakh shares at Rs 1,550 a share on proportionate basis. 
JustDialThe company has fixed the record date as December 4. 

Just Dial Ltd is currently trading at Rs. 874.05, down by Rs. 41.75 or 4.56% from its previous closing of Rs. 915.8 on the BSE.

The scrip opened at Rs. 891.8 and has touched a high and low of Rs. 891.8 and Rs. 871.9 respectively. So far 181188(NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 6458.22 crore.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1631.7 on 28-Jan-2015 and a 52 week low of Rs. 741.1 on 09-Nov-2015. Last one week high and low of the scrip stood at Rs. 973 and Rs. 910.9 respectively.

The promoters holding in the company stood at 32.58 % while Institutions and Non-Institutions held 42.64 % and 24.78 % respectively.

The stock is currently trading above its 200 DMA.

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