BUZZ-India's Just Dial jumps after quarterly profit rise

Citigroup Inc.
Goldman Sachs JUST U.S. Large Cap Equity ETF

Citigroup Inc.

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Goldman Sachs JUST U.S. Large Cap Equity ETF

JUST

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** Shares of Just Dial JUST.NS jump 13.3% to 639 rupees

** JUST's profit rose 4.1% Y/Y to 1.66 bln rupees ($17.3 mln), net revenue up 9.9% Y/Y

** Just dial provides local search for different services in India

** Brokerage Citi raises PT to 930 rupees from 900 rupees

** Revenue growth was better-than-expected, driven by growth in paid campaigns and realizations - Citi note

** Trading vols nearly 49x the 30-day average at 7.6 mln shares so far

** YTD, JUST down ~12%


($1 = 95.7400 Indian rupees)


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