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Just Dial gains after getting letter of allocation of land
Source: IRIS | 30 Sep, 2014, 10.55AM
Rating: NAN / 5 stars.
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Just Dial (JDL), the developer of a comprehensive local search engine, registered a rise in share price on Tuesday after the company received a letter from the Government of Karnataka. The letter is for allotting 15 acres of land to the company, on a leasehold basis for a period of 99 years, to establish an IT/ITES - BPO and Software Development Centre ('IT Park') at Devanahalli Industrial Area in Bangalore.

Shares of the company are trading at Rs 1,632, up Rs 24.5, or 1.52% at the Bombay Stock Exchange (BSE) on Tuesday at 10:32 a.m.

The scrip has touched an intra-day high of Rs 1,644.40 and low of Rs 1,621. The total volume of shares traded at the BSE is 5,042.

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