Mumbai: Mukesh Ambani's Reliance Retail has decided to buy Just Dial to boost its business. The talks between the two companies are going on continuously. Just dial shares have been trading higher since the news. Investors are returning well after trading nearly 3 percent higher. Since then, the company has almost doubled returns to investors since just-dial has been listed on the stock market.
Tell you that the IPO of Just Dial came in 2013. While it was listed in the market on 5th June 2013. When the company's stock opened, it was priced at Rs 590. But today, the price has crossed Rs.1100. That is, the company's stock has returned almost double to investors in 8 years. While its shares have returned 10 percent in a month and more than 70 percent this year. It can be clearly inferred that the just dial market is leaving no stone unturned to return investors.
On the other hand, coming to the Corona period, the company has returned about 200 percent in the last year. About a year ago, the share price of the company was around Rs 400, 1100, 700 per share. According to experts, the price may increase further in the coming days.
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