Nomura also maintained buy call on the stock with a target price at Rs 765 per share. It said the company is the most cost-effective SME advertising platform relative to peers
Revenue from operations grew 13.5 per cent to Rs 240.1 crore in the quarter under review from Rs 211.4 crore in the same period previous year, it added.
All user info including financial info or passwords is protected, the company said in a filing to the BSE
The primary trend of the Nifty is still bullish. The Nifty could extend the rally towards the target of 12,000.
Credit Suisse maintained its underperform rating on Lupin with a target price of Rs 800 while CLSA maintained its sell rating on Ashok Leyland and slashed its target price to Rs 75 from Rs 85 earlier.
Net Sales are expected to increase by 5.5 percent Q-o-Q (up 11.3 percent Y-o-Y) to Rs. 211.4 crore, according to Edelweiss.
The breadth of the market favoured advances, with 1236 stocks advancing, 462 declining and 377 remaining unchanged. On BSE, 1572 stocks advanced, 774 declined and 106 remained unchanged.
Edelweiss is bullish on Just Dial has recommended buy rating on the stock with a target price of Rs 650 in its research report dated June 14, 2018.
JM Financial recommended hold rating on Just Dial with a target price of Rs 540 in its research report dated May 22, 2018.
Bajaj Finserv, Britannia Industries, Jubilant Foodworks, Kotak Mahindra Bank, NELCO and Pidilite Industries were some of the stocks that hit fresh 52-week highs in afternoon trade.
The breadth of the market favoured advances, with 1283 stocks advancing, 420 declining and 356 remaining unchanged. On BSE, 1721 stocks advanced, 749 declined and 145 remained unchanged.
"The scrip has a support at Rs 468 levels and resistance level at Rs 682. We have a buy recommendation for Just Dial with target of Rs 575 which is currently trading at Rs 507.65," says Dinesh Rohira of 5nance.com.
Prakash Gaba of prakashgaba.com recommends buying Dabur India with target at Rs 385 and stop loss at Rs 374, Exide Industries with target at Rs 266 and stop loss at Rs 252 and a buy also in Hindalco Industries with target at Rs 255 and stop loss at Rs 237.
With May F&O expiry coming this week coupled with a mixed set of global and domestic cues, we can expect a volatile trade in the coming week, Dinesh Rohira, Founder & CEO, 5nance.com, said in an exclusive interview with Moneycontrol’s Kshitij Anand.
The breadth of the market favoured advances, with 1146 stocks advancing, 547 declining and 356 remaining unchanged. On BSE, 1537 stocks advanced, 948 declined and 152 remained unchanged.
Rajesh Agarwal of AUM Capital recommends buying Infosys with stop loss at Rs 1197 and target at Rs 1246, a buy in Coal India with stop loss at Rs 274 and target of Rs 288 and a buy also in Housing Development Finance Corporation with stop loss at Rs 1775 and target at Rs 1845.
126 stocks hit a new 52-week low. These included names like Ajanta Pharma, Ambuja Cements, Amtek Auto, Can Fin Homes, HUDCO, Indo Count Industries, Idea Cellular, Mahanagar Gas, OBC, Power Finance Corporation, PNB, Rural Electrification Corporation, Strides Shasun and Union Bank.
"The scrip is facing a resistance at Rs 483 levels and support level at Rs 394 on pivot points. We have a buy recommendation for Just Dial for target of Rs 458 per share," says Dinesh Rohira, Founder & CEO at 5nance.com.