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JUSTDIAL
shares jumped 9.7% in early trade on Monday, April 21, 2025, after the company reported a 36% YoY rise in Q4 profit at ₹158 crore, driven by robust merchant acquisitions. The stock emerged as the top gainer on the Nifty-500 index by 10:00 AM. This marks the seventh consecutive winning session for the stock, which is now trading at its highest level since January 14, 2025. Just Dial is currently 34% above its 52-week low, reflecting strong investor confidence. However, despite the strong rally, the stock still trades over 37% below its 52-week high, indicating there may be more ground to cover.
The key question now is—will this rally sustain, or is it merely an event-driven spike? Can the stock continue to hold above the immediate resistance it breached today, or will we see a pullback in the coming sessions? Investors will be watching closely to see if this momentum has legs, or if profit booking sets in soon.
Disclaimer:
This post is for informational purposes only and does not constitute investment advice.#StockInNews#WatchOutFor#HiddenGems#MacroViews
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