Sunday 6 June 2021

Just Dial

Reasons for buying:

Buy PE was reasonable at 8.21 and below 5 years PE median of 20.92.

Earnings have quadrupled since 2012.

Return on equity is good at 16.78%.

Zero debt company with ₹56.38cr in cash.

The market cap of the company is 5,934.91cr.


Buy date: 29-Sep-2020

Qty: 26   Buy Price: 377.74   Buy EPS: 45.96   Buy PE: 8.21


Q4 results were released on 14th May and the current EPS is 34.39 down about -25.17% from my buy EPS.

The price of the stock is up about 160.07% from my buy price and is the highest percentage gainer in my portfolio so far.

The company provides local search-related services to users in India through multiple platforms such as Desktop/PC website, mobile site, mobile apps, over the telephone, and text. One of the internet companies at cheaper valuations when I bought and is in an extremely competitive space.  The price return is 7.3% in the last 5 years.

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