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Midcap Microscope: How much of bad news is already in Just Dial price

Updated : October 16, 2020 03:09 PM IST

Just Dial, a company whose service almost everyone has used at some point in time is in focus on the special segment ‘Midcap Microscope’.

The stock has rallied around 60 percent from its lows of 2020. However, it is just a fifth of what it was at its peak and is down nearly 40 percent over the past one year. The company which was once nearly around USD 2 billion in terms of market capitalization, today it is valued at USD 400 million.

While the business has had various challenges, how much of that bad news, is already in the price? CNBC-TV18’s Nigel D’Souza brings you the details.

CNBC-TV18 Disclaimer: Midcap Microscope only spotlights mid-sized companies and interesting developments in their prospects. These should not be misconstrued as stock recommendations.

To watch other videos in this series, click the 'Midcap Microscope' tab below.
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