JUSTDIAL

Fundamental Analysis- Just Dial Ltd. is a leading Indian local search engine company offering business listings, reviews, and contact details across sectors. The company operates through web, mobile, voice, and app platforms. It has a strong presence in Tier-I and Tier-II cities and has expanded its database to over 38 million listings. Financially, Just Dial is debt-free with a strong cash reserve and steady operational cash flow. For FY24–25, revenue growth was modest, but profitability improved due to cost optimization and digital service expansion. Technical View- As seen on the daily chart, Just Dial is trading within a range and showing signs of consolidation. The Parabolic SAR dots are placed below the price, indicating a short-term bullish bias, while the MACD is mildly positive, suggesting underlying momentum. The RSI is around 56.57, reflecting neutral to slightly bullish strength. For the past 10 trading sessions, the stock has been holding above its 14-day EMA, signaling strength. In the short term, the stock appears to be forming a strong base near recent lows. However, it's currently facing resistance near the 200-day EMA at around ₹945. A breakout and close above ₹950 could signal a fresh uptrend. Notably, the company is set to announce its Q1 FY26 results on 15th July 2025, which may lead to increased volatility. Any dip before results can be considered a buying opportunity, with potential upside targets of ₹975–980 if the stock sustains above ₹950. Warning- ***** ***** *****