{"id":317225,"date":"2026-10-19T15:36:02","date_gmt":"2026-10-19T10:06:02","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=317225"},"modified":"2026-10-19T15:36:02","modified_gmt":"2026-10-19T10:06:02","slug":"just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/","title":{"rendered":"Just Dial Shares Skyrocket 13% as Volume Soars Massively 115 Times: More Returns Ahead or Something Else? Experts View"},"content":{"rendered":"<p style=\"border-left:4px solid #1F4E79;background:#EBF3FB;padding:10px 16px;font-style:italic;\"><em>The Just Dial share price jumped to an intraday high of Rs 802 on 19 Oct 2026, up about 12.6% from the previous close of Rs 712.45 on BSE, after opening at Rs 716.45. By 3:23 PM IST it had eased to Rs 732, up about 2.6%, so most of the spike faded. I could not confirm the 115 times volume figure in the headline and found no company announcement for the move. Market capitalisation is about Rs 6,059 crore on exchange data, close to the Rs 6,022 crore of cash and investments reported in June.<\/em><\/p>\n<div style=\"background:#F0F9FF;border-left:4px solid #2E7D32;border-radius:6px;padding:14px 18px;margin:18px 0;\">\n<p style=\"margin:0;color:#1F4E79;font-size:14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin:8px 0 0;\">The Just Dial share price spiked about 12.6% to Rs 802 on heavy volume and then gave back about 8.7% from that high, ending the afternoon near Rs 732, up about 2.6%. I found no company announcement on 19 Oct, so the reason for the jump is unconfirmed, and the headline volume of 115 times could not be verified, since one report put delivery volume at about 3.6 times its five-day average. The background is a cash pile of Rs 6,022 crore, a new CEO since 1 Aug and Kotak Institutional Equities&#8217; Buy rating with a Rs 1,175 target reported in August. Whether more returns lie ahead depends on how the new management uses the cash and whether growth in collections and profit continues.<\/p>\n<\/p><\/div>\n<p>The Just Dial share price has now risen from about Rs 676 on 13 Jul, when it hit the 20% upper circuit after Q1 FY27 results, to Rs 732, and it trades about 12.7% below its 52-week high of Rs 838.30 and about 52% above its low of Rs 480.50 (my calculation). A July report cited a 52-week high of Rs 957.90, which has probably rolled out of the 52-week window, so I use the exchange quote.<\/p>\n<p>This guide covers the live snapshot, what the volume data shows, the cash and valuation picture, the Q1 FY27 numbers, the management change, analyst views and the risks. It is educational and not a recommendation to buy or sell the share.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&#038;utm_medium=just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\">Click Here &#8211; Get Free Investment Predictions<\/a><\/strong><\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Just_Dial_Share_Price_Today_Live_Snapshot\" title=\"Just Dial Share Price Today: Live Snapshot\">Just Dial Share Price Today: Live Snapshot<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Volume_Surge_Behind_the_Just_Dial_Share_Price_Spike\" title=\"Volume Surge Behind the Just Dial Share Price Spike\">Volume Surge Behind the Just Dial Share Price Spike<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Cash_Shareholding_and_Valuation_What_Supports_the_Just_Dial_Share_Price\" title=\"Cash, Shareholding and Valuation: What Supports the Just Dial Share Price\">Cash, Shareholding and Valuation: What Supports the Just Dial Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Q1_FY27_Results_and_the_Management_Change_Behind_the_Just_Dial_Share_Price\" title=\"Q1 FY27 Results and the Management Change Behind the Just Dial Share Price\">Q1 FY27 Results and the Management Change Behind the Just Dial Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#What_Analysts_Say_About_the_Just_Dial_Share_Price\" title=\"What Analysts Say About the Just Dial Share Price\">What Analysts Say About the Just Dial Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#What_to_Watch_Next_for_the_Just_Dial_Share_Price\" title=\"What to Watch Next for the Just Dial Share Price\">What to Watch Next for the Just Dial Share Price<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Why_did_the_Just_Dial_share_price_jump_13_on_19_Oct_2026\" title=\"Why did the Just Dial share price jump 13% on 19 Oct 2026?\">Why did the Just Dial share price jump 13% on 19 Oct 2026?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Is_the_Just_Dial_share_price_still_up_13\" title=\"Is the Just Dial share price still up 13%?\">Is the Just Dial share price still up 13%?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Did_the_volume_behind_the_Just_Dial_share_price_really_rise_115_times\" title=\"Did the volume behind the Just Dial share price really rise 115 times?\">Did the volume behind the Just Dial share price really rise 115 times?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#What_was_the_Q1_FY27_result_behind_the_Just_Dial_share_price\" title=\"What was the Q1 FY27 result behind the Just Dial share price?\">What was the Q1 FY27 result behind the Just Dial share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#How_much_cash_backs_the_Just_Dial_share_price\" title=\"How much cash backs the Just Dial share price?\">How much cash backs the Just Dial share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#What_is_the_Kotak_target_for_the_Just_Dial_share_price\" title=\"What is the Kotak target for the Just Dial share price?\">What is the Kotak target for the Just Dial share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#What_are_the_risks_for_the_Just_Dial_share_price\" title=\"What are the risks for the Just Dial share price?\">What are the risks for the Just Dial share price?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/univest.in\/blogs-2\/just-dial-shares-skyrocket-13-percent-as-volume-soars-115-times-more-returns-ahead-or-something-else-experts-view\/#Is_this_article_investment_advice\" title=\"Is this article investment advice?\">Is this article investment advice?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Just_Dial_Share_Price_Today_Live_Snapshot\"><\/span><strong>Just Dial Share Price Today: Live Snapshot<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Detail on 19 Oct 2026<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Previous close<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 712.45 on BSE and Rs 713.25 on NSE<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Open<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 716.45<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Intraday high of the Just Dial share price<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 802.00, about 12.6% above the BSE close (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Just Dial share price at 3:23 PM IST<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 732.00, up about 2.6%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Intraday low on NSE<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 708.40<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Fall from the day&#8217;s high<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 8.7% (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Volume at 3:23 PM IST<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 1.73 crore shares on NSE and about 13.5 lakh on BSE<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">52-week range<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 480.50 to Rs 838.30<\/td>\n<\/tr>\n<\/table>\n<p>The Just Dial share price opened with a small gap of about 0.6% and then spiked on heavy volume before the move reversed. The headline says 13%, but exchange data show the Just Dial share price peaked at about 12.6%, which is the move at the high and not the move at the close.<\/p>\n<p style=\"margin-top:24px;\"><strong><a href=\"https:\/\/univest.in\/screeners\">Track internet and consumer stocks on the Univest Screener<\/a><\/strong><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Volume_Surge_Behind_the_Just_Dial_Share_Price_Spike\"><\/span><strong>Volume Surge Behind the Just Dial Share Price Spike<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Measure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Figure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Source note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Headline volume claim<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">115 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">From the headline; I could not verify the base period<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">NSE volume by 3:23 PM IST<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 1.73 crore shares<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Exchange data<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Volume by 10:39 AM IST<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 42.8 lakh shares, value about Rs 335 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">MarketsMOJO report<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Delivery volume on 16 Oct<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 1.67 lakh shares, up about 262%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 3.6 times the five-day average (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Cumulative gain over two sessions<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 17.0% by 10:39 AM IST<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">MarketsMOJO report<\/td>\n<\/tr>\n<\/table>\n<p>A multiple such as 115 times depends on the comparison period, and the figures I could verify give a lower multiple, so treat the headline number as unconfirmed. What is clear is that volume was heavy at the open, and that the Just Dial share price reversed from its high while volume stayed high, a pattern that often marks profit booking.<\/p>\n<p style=\"margin-top:24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&#038;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to set a price alert on Just Dial.<\/em><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Cash_Shareholding_and_Valuation_What_Supports_the_Just_Dial_Share_Price\"><\/span><strong>Cash, Shareholding and Valuation: What Supports the Just Dial Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Item<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Figure<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Cash and investments at 30 Jun 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 6,022.1 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Company data via a July report<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Market capitalisation<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About Rs 6,059 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Exchange data, apparently at the previous close; about Rs 6,200 crore at Rs 732 (my calculation)<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to earnings<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 12.0 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Trailing EPS of about Rs 59.21; the same source lists an industry P\/E of about 106.6<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Price to book<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 1.2 times<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Book value per share about Rs 600.42<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Return on equity<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 9.7%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Debt to equity about 0.02<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Promoter holding at Sep 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">74.14%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reliance Retail Ventures 63.83%, VSS Mani 7.89%, Anita Mani 2.26%<\/td>\n<\/tr>\n<\/table>\n<p>The market capitalisation is almost the same as the cash and investments, which means the market values the operating business at close to zero (my calculation), a point a July report also made. That comparison needs care, because the figures are from different dates, not all the cash can be paid out, and Reliance Retail Ventures holds a majority. Net profit of Rs 166.2 crore in Q1 is about 1.9 times operating EBITDA of Rs 87.4 crore, so I infer that income on the cash pile supplies a large part of profit.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Q1_FY27_Results_and_the_Management_Change_Behind_the_Just_Dial_Share_Price\"><\/span><strong>Q1 FY27 Results and the Management Change Behind the Just Dial Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Metric<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Q1 FY27<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Change<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Revenue from operations<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 327.5 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 9.9% year on year and 6.6% quarter on quarter<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Operating EBITDA<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 87.4 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 1.1%<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">EBITDA margin<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">26.7%<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Down about 221 basis points quarter on quarter<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Net profit<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Rs 166.2 crore<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 4.1% year on year<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Collections<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Not stated in rupees<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Up 13.7% year on year, per one report<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Business listings and visitors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">More than 5.61 crore listings; 19.29 crore quarterly unique visitors<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">As of 30 Jun 2026<\/td>\n<\/tr>\n<\/table>\n<p>The results led to a 20% upper circuit at Rs 676.85 on 13 Jul and a further 13% intraday rise on 14 Jul. Founder VSS Mani stepped down as managing director and CEO on 31 Jul, and Dinkar Ayilavarapu took over on 1 Aug, with Dinesh Taluja as CFO since 11 Jul. Reliance Retail Ventures has held a majority stake since 2021, so any decision on using the cash will also involve Reliance Retail. Margin pressure came mainly from employee costs, which rose 11%, so the Just Dial share price now depends on whether the new team can lift growth without losing margin.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_Analysts_Say_About_the_Just_Dial_Share_Price\"><\/span><strong>What Analysts Say About the Just Dial Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<table style=\"border-collapse:collapse;width:100%;\">\n<tr>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Source<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">View<\/th>\n<th style=\"text-align:left;padding:8px;border:1px solid #DDDDDD;background:#0A0E1A;color:#FFFFFF;\">Date and note<\/th>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Kotak Institutional Equities<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Buy, target Rs 1,175; expects new management to focus on merchant acquisition and return on investment<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Reported 28 Aug 2026, when the stock rose 10% to Rs 704.65 on BSE<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">MarketsMOJO<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Hold, upgraded from Sell on 6 Oct 2026<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Stock above its 5, 20, 50, 100 and 200 day moving averages<\/td>\n<\/tr>\n<tr>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">Upside to the Kotak target<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">About 60.5% from Rs 732<\/td>\n<td style=\"padding:8px;border:1px solid #DDDDDD;\">My calculation; the target may have changed since August<\/td>\n<\/tr>\n<\/table>\n<p>I did not find an expert comment dated 19 Oct, so the experts&#8217; view promised in the headline cannot be quoted here. The two ratings above date from earlier, and the gap between Kotak&#8217;s Rs 1,175 target and the current Just Dial share price shows how far one broker sees the stock re-rating.<\/p>\n<p><strong>Risk:<\/strong> A reversal from a 12.6% spike on unexplained volume can continue, growth in collections was only 1.6% in FY26 per one report, margins are falling and a large part of profit comes from treasury income. The Just Dial share price can also swing on any news on how the cash is used.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"What_to_Watch_Next_for_the_Just_Dial_Share_Price\"><\/span><strong>What to Watch Next for the Just Dial Share Price<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ol>\n<li>Any exchange filing or management comment that explains the 19 Oct volume, since none was found<\/li>\n<li>Q2 FY27 results, whose date I did not find, for collections growth and EBITDA margin against 26.7%<\/li>\n<li>Plans from the new CEO on merchant acquisition and pricing that could move the Just Dial share price<\/li>\n<li>Any decision on using the Rs 6,022 crore of cash through dividends or a buyback, which has not been announced<\/li>\n<li>Whether the Just Dial share price holds the Rs 708 to Rs 716 opening area<\/li>\n<\/ol>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The Just Dial share price spiked about 12.6% to Rs 802 and then faded to about Rs 732, on heavy volume that I could verify only in part and with no announcement found. The stock rests on a large cash pile, a new CEO and an older Buy target, so check the cash use, growth and margins before drawing conclusions about the Just Dial share price.<\/p>\n<div style=\"background:#CC0000;border-radius:8px;padding:16px 20px;margin:24px 0;\">\n<p style=\"color:#FFFFFF;font-size:13px;line-height:1.7;margin:0;\"><strong style=\"color:#FFFFFF;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Univest (SEBI RA INH000013776).<\/p>\n<\/p><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Why_did_the_Just_Dial_share_price_jump_13_on_19_Oct_2026\"><\/span><strong>Why did the Just Dial share price jump 13% on 19 Oct 2026?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> I found no company announcement. The stock rose to Rs 802, about 12.6% above its previous close, on heavy volume, and I could not confirm a specific trigger.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_the_Just_Dial_share_price_still_up_13\"><\/span><strong>Is the Just Dial share price still up 13%?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. At 3:23 PM IST it was Rs 732, up about 2.6%, which is about 8.7% below the day&#8217;s high of Rs 802.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Did_the_volume_behind_the_Just_Dial_share_price_really_rise_115_times\"><\/span><strong>Did the volume behind the Just Dial share price really rise 115 times?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> That figure comes from the headline and I could not verify it. Other reports showed delivery volume about 3.6 times its five-day average and about 1.73 crore shares on NSE by 3:23 PM IST.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_was_the_Q1_FY27_result_behind_the_Just_Dial_share_price\"><\/span><strong>What was the Q1 FY27 result behind the Just Dial share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Revenue rose 9.9% to Rs 327.5 crore, operating EBITDA rose 1.1% to Rs 87.4 crore with a 26.7% margin, and net profit rose 4.1% to Rs 166.2 crore.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_much_cash_backs_the_Just_Dial_share_price\"><\/span><strong>How much cash backs the Just Dial share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Cash and investments were about Rs 6,022.1 crore at 30 Jun 2026, close to the market capitalisation of about Rs 6,059 crore on exchange data, though the figures are from different dates.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_Kotak_target_for_the_Just_Dial_share_price\"><\/span><strong>What is the Kotak target for the Just Dial share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Kotak Institutional Equities was reported in August to keep a Buy rating with a target of Rs 1,175, about 60% above Rs 732 by my calculation, and it may have changed since.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_risks_for_the_Just_Dial_share_price\"><\/span><strong>What are the risks for the Just Dial share price?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> An unexplained spike can reverse, collections growth has been low, margins are falling and a large part of profit comes from income on cash.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_this_article_investment_advice\"><\/span><strong>Is this article investment advice?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> No. It is educational and not a recommendation to buy or sell.<\/p>\n<div class=\"faq-schema\"><script type=\"application\/ld+json\">{\"@context\":\"https:\/\/schema.org\",\"@type\":\"FAQPage\",\"mainEntity\":[{\"@type\":\"Question\",\"name\":\"Why did the Just Dial share price jump 13% on 19 Oct 2026?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"I found no company announcement. The stock rose to Rs 802, about 12.6% above its previous close, on heavy volume, and I could not confirm a specific trigger.\"}},{\"@type\":\"Question\",\"name\":\"Is the Just Dial share price still up 13%?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. At 3:23 PM IST it was Rs 732, up about 2.6%, which is about 8.7% below the day's high of Rs 802.\"}},{\"@type\":\"Question\",\"name\":\"Did the volume behind the Just Dial share price really rise 115 times?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"That figure comes from the headline and I could not verify it. Other reports showed delivery volume about 3.6 times its five-day average and about 1.73 crore shares on NSE by 3:23 PM IST.\"}},{\"@type\":\"Question\",\"name\":\"What was the Q1 FY27 result behind the Just Dial share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Revenue rose 9.9% to Rs 327.5 crore, operating EBITDA rose 1.1% to Rs 87.4 crore with a 26.7% margin, and net profit rose 4.1% to Rs 166.2 crore.\"}},{\"@type\":\"Question\",\"name\":\"How much cash backs the Just Dial share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Cash and investments were about Rs 6,022.1 crore at 30 Jun 2026, close to the market capitalisation of about Rs 6,059 crore on exchange data, though the figures are from different dates.\"}},{\"@type\":\"Question\",\"name\":\"What is the Kotak target for the Just Dial share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"Kotak Institutional Equities was reported in August to keep a Buy rating with a target of Rs 1,175, about 60% above Rs 732 by my calculation, and it may have changed since.\"}},{\"@type\":\"Question\",\"name\":\"What are the risks for the Just Dial share price?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"An unexplained spike can reverse, collections growth has been low, margins are falling and a large part of profit comes from income on cash.\"}},{\"@type\":\"Question\",\"name\":\"Is this article investment advice?\",\"acceptedAnswer\":{\"@type\":\"Answer\",\"text\":\"No. It is educational and not a recommendation to buy or sell.\"}}]}<\/script><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Just Dial share price spiked 12.6% to Rs 802 on 19 Oct 2026 and eased to Rs 732. See the volume data, cash pile, Q1 FY27 numbers, analyst views and risks.<\/p>\n","protected":false},"author":34,"featured_media":317220,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[842],"tags":[13536,13540,13539,13537,13538,13541,1278],"class_list":["post-317225","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-just-dial","tag-just-dial-kotak-target","tag-just-dial-q1-results","tag-just-dial-share-price","tag-just-dial-volume-surge","tag-reliance-retail-just-dial","tag-small-cap-stocks"],"metadata":{"rank_math_internal_links_processed":["1"],"_thumbnail_id":["317220"],"rank_math_title":["Just Dial Share Price Jumps 13% on Heavy Volume: What Next?"],"rank_math_description":["Just Dial share price hit Rs 802 on 19 Oct 2026, up 12.6%, then eased to Rs 732. See the volume data, cash pile, Q1 FY27 numbers, Kotak's Rs 1,175 target and risks."],"rank_math_focus_keyword":["Just Dial share price"],"rank_math_robots":["a:2:{i:0;s:7:\"noindex\";i:1;s:8:\"nofollow\";}"]},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/univest.in\/blogs-2\/wp-content\/uploads\/2026\/10\/just-dial-shares-skyrocket-13-as-volume-soars-massively-115-times-more-returns.webp","_links":{"self":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317225","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/comments?post=317225"}],"version-history":[{"count":1,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317225\/revisions"}],"predecessor-version":[{"id":317226,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/posts\/317225\/revisions\/317226"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media\/317220"}],"wp:attachment":[{"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/media?parent=317225"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/categories?post=317225"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/univest.in\/blogs-2\/wp-json\/wp\/v2\/tags?post=317225"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}