Buy Just Dial; target of Rs 780: ICICI Direct

ICICI Direct is bullish on Just Dial recommended buy rating on the stock with a target price of Rs 780 in its research report dated April 19, 2023.

Broker Research

April 20, 2023 / 13:27 IST

Buy

26 Aug, 2025 12:21

Volume

Todays L/H

ICICI Direct's research report on Just Dial

Just Dial (JDL) generates revenues from advertisers on various subscription and fee-based packages. Reliance Retail Ventures now holds a 67% stake in JDL • JDL’s launch of B2B platform will be a key revenue driver in the long run.

Outlook

We maintain our BUY rating on the stock. We value JDL at Rs 780 i.e. 20x P/E on FY25E EPS.

For all recommendations report, click here

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Just Dial - 20 -04 - 2023 - icici

Broker Research

first published: Apr 20, 2023 01:25 pm

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