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This Ambani-owned stock's market cap slips below cash balance. Is it a deep value pick?
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ET Markets - Stocks 122d ago

This Ambani-owned stock's market cap slips below cash balance. Is it a deep value pick?

JustDial's market capitalization has fallen below its cash reserves, prompting questions about its valuation. Despite a significant drop in share price, the company's strategy for deploying its substantial cash holding remains unclear. Investors are advised to await a defined capital allocation policy before considering it a value pick.

ARSSBLCPCAPDEEPINDSJUSTDIALMOCAPITALConsumer ServicesFinancial Services
Taking Stock: Markets continue to see sell-off amid crude surge; rupee at record low
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Moneycontrol NaNd ago

Taking Stock: Markets continue to see sell-off amid crude surge; rupee at record low

More than 850 stocks touched their 52-week low, including Swan Corp, Interglobe Aviation, GNFC, PNB Housing Finance, Birla Corp, BLS International, Sterling Wilson, RHI Magnesita, Just Dial, Asian Paints, Nuvoco Vistas, REC, Berger Paints, JK Lakshmi Cement, Rashtriya Chemicals, GAIL, Inox Wind, among others.

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