Shares of Just Dial slipped as much as 4.79 per cent in early trade on Monday, 22nd May 2017 after local search engine provider reported 37 per cent fall in net profit at Rs 25.35 crore for the quarter ended March 31, 2017. It had reported a net profit of Rs 40.29 crore in the corresponding quarter a year ago.
The scrip was trading 3.13 per cent down at Rs 493.45 around 10.10 am (IST). Shares of the company opened at Rs 490 and touched an intraday high and low of Rs 502 and Rs 485, respectively, in trade so far. Benchmark BSE Sensex was trading 154 points, or 0.51 per cent, up at 30619 at around the same time.
Total income from operations during the quarter under review stood at Rs 194.34 crore as against Rs 198.48 crore during the same period of the previous fiscal. On the BSE, 1.85 lakh shares were traded on the counter so far as against the average daily volumes of 1.99 lakh shares in the past two weeks.
Shares of the company had hit their fresh 52-week high of Rs 808.20 on May 23, 2016 and 52-week low of Rs 318.20 on December 27, 2016.