Allianz Global Investors
May 23, 2013 at 10:51 | Source: CNBC-TV18
May 21, 2013 at 19:41 | Source: Moneycontrol.com
May 20, 2013 at 14:51 | Source: Moneycontrol.com
Just Dial's floor price of the band (Rs 470) discounts last full year's earnings more than 65 times and book value around 32 times which certainly can't sustain for long post-listing. The promoters' negligible cost of holding & their unassumingly low stake thus gives enough indication what's in store for JDL investors, says Fernando.
May 17, 2013 at 17:57 | Source: Reuters
May 17, 2013 at 13:48 | Source: PTI
May 17, 2013 at 12:16 | Source: Moneycontrol.com
Brokerage house Emkay Global Financial Services has advised investors to subscribe to Just Dial's initial public offering (IPO) with a potential upside of 15% on higher price band. Just Dial's pricing optically looks expensive, but its justified by immense potential to generate strong cashflows in higher growth market, said the research firm.
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