Just Dial surges 67% in 17 days after promoter buys shares via open market

Shares of Just Dial continued at their northward journey, ralling 14 per cent to Rs 574 on the BSE on Tuesday, on the back of heavy volumes. The stock was trading higher for the fourth straight day, surging 40 per cent during the period.

In the past 17 trading days (since September 25), the market price of Just Dial has zoomed 67 per cent after its promoter & director, Anita Mani acquired more than 1 per cent stake in the company through open market.

Between September 25 and September 30, 2020, Anita Mani purchased 679,677 equity shares of Just Dial for Rs 25.33 crore, according to disclosure made by the company to the stock exchange. The names of sellers were not ascertained immediately.