Why is Just Dial falling/rising?
As of 05-Sep, Just Dial Ltd. is priced at 821.90, with a recent increase but a year-to-date decline of 17.58%. Despite short-term gains, the stock faces long-term challenges, including poor growth rates and high valuation compared to peers.
As of 05-Sep, Just Dial Ltd. is currently priced at 821.90, reflecting an increase of 1.9 (0.23%). The stock has been gaining for the last five days, with a total return of 1.81% during this period, outperforming its sector by 1.44%. However, despite this recent uptick, the stock has shown a decline of 2.46% over the past month and a significant drop of 34.96% over the last year. The company maintains a low debt-to-equity ratio, which is a positive factor, but it has also faced challenges such as poor long-term growth, with net sales and operating profit growing at rates of only 5.78% and 8.43%, respectively, over the past five years. Additionally, the stock's valuation appears expensive with a price-to-book ratio of 1.7, despite trading at a discount compared to its peers.In the broader market context, Just Dial's short-term performance of +1.81% over the past week has outpaced the Sensex, which has gained only 1.13% in the same timeframe. However, the stock's year-to-date performance is concerning, with a decline of 17.58%, contrasting sharply with the Sensex's increase of 3.29%. The stock's liquidity remains adequate for trading, but a notable decrease in delivery volume by 38.03% against the five-day average suggests a decline in investor participation, which may hinder its recovery. Overall, while the recent price movement shows some positive momentum, the underlying fundamentals and long-term performance indicate significant challenges ahead for Just Dial Ltd.
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