Just Dial Experiences Revision in Stock Evaluation Amid Mixed Financial Indicators

Just Dial, a midcap player in the IT software industry, has recently experienced a revision in its stock evaluation by MarketsMOJO. The adjustment reflects a shift in the company's long-term growth outlook, as evidenced by its net sales growth rate of 3.17% and a significant decline in operating profit over the past five years.
The stock is currently positioned within a mildly bearish range, indicating a deterioration in its technical trend. Key technical indicators, including MACD and KST, are also signaling bearish conditions. Despite a return of 25.87% over the past year and a notable increase in profits by 60.1%, the company's return on equity stands at 9, suggesting a high valuation with a price-to-book ratio of 2.1.

On a positive note, Just Dial has maintained a low debt-to-equity ratio and reported impressive net profit growth of 114.61% in its latest quarterly results. The company has consistently delivered positive results for the last eight quarters, with record figures in operating cash flow and net sales. Additionally, Just Dial has been added to MarketsMOJO's list, reflecting its ongoing performance in the market.