Stocks

Just Dial board to consider share buyback

R Yegya Narayanan Coimbatore | Updated on January 24, 2018

The prominent search engine in the country Just Dial Ltd's board of directors will meet on June 4 to consider a share buyback.

The stock is up by Rs 26.50 to Rs 1,165.55 on the BSE. It had touched a high of Rs 1,215 before ceding some of its gains.

The share has lost significant value since touching a 52-week high of Rs 1,894.70 on August 5, 2014 on the BSE. It had touched a yearly low of Rs 1,036.05 on April 28 this year before recovering. The stock is trading at a high PE.

In the year ended March 31, 2015, the company posted a revenue of Rs 589.80 crore and net profit of Rs 138.89 crore. The EPS for last year was Rs 19.76. The equity capital of Just Dial was Rs 70.49 crore.

JDL board has recommended a dividend of Rs 2 per equity share for 2014-15.

Published on June 01, 2015

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