Just Dial Experiences Revision in Stock Evaluation Amid Positive Performance Trends

Just Dial, a prominent player in the IT software sector, has recently experienced a notable shift in its stock evaluation. The company, which has been recognized as a midcap entity, has seen its stock performance improve significantly, gaining 5.88% on January 3, 2025. This uptick has allowed Just Dial to outperform its sector by 5.06%, marking a positive trend as the stock has recorded consecutive gains over the past four days, accumulating a total return of 7.47% during this period.
Despite this recent performance, MarketsMOJO has made an adjustment in its evaluation of Just Dial, maintaining a 'Sell' call. The stock has been part of MarketsMOJO's list since April 18, 2023, indicating its status as a reliable performer.

In terms of technical indicators, Just Dial's stock is currently trading above its 5-day and 20-day moving averages, although it remains below the longer-term 50-day, 100-day, and 200-day moving averages. The stock reached an intraday high of Rs 1065.5, reflecting a 5.24% increase during the trading session. Overall, Just Dial's recent performance highlights its dynamic position within the market, even as evaluations continue to reflect caution.