Just Dial's promoter -- Reliance Retail Ventures has sold 2 per cent stake in the company for Rs 101 crore in order to comply with the minimum public shareholding norms. According to the bulk deal data available with stock exchanges, Reliance Retail Ventures, a subsidiary of Reliance Industries, offloaded a total of 16,86,119 shares, amounting to 2 per cent stake in Just Dial.
The shares were sold at an average price of Rs 600 apiece, taking the transaction value to Rs 101.16 crore. The shareholding of promoter and promoter group entities in Just Dial, which offers online directory for local contacts, has come down to 74.98 per cent from 76.98 per cent.
Just Dial provides local search related services to users in India through multiple platforms such as Desktop/ PC website, mobile site, mobile apps (Android, iOS, Windows), over the telephone and text.
Company Name | CMP |
---|---|
Syngene Internation. | 869.40 |
Sagility India | 28.03 |
AGS Transact Tech | 79.99 |
Just Dial | 1073.50 |
Krystal Integrated | 643.20 |
View more.. |
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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