Just Dial Q2 Review: ICICI Securities Upgrades Stock To ‘Add’ — Check Target Price
Just Dial Ltd. reported a 6.4% year-over-year (YoY) revenue growth in Q2 FY26, with Ebitda margin largely flattish YoY (–29bps QoQ), as headcount reduction (–2.0% QoQ/–2.6% YoY) was offset by higher other expenses.
Paid campaign net additions rebounded to 1.5 million (vs 938k in Q1 FY26), likely reflecting the impact of increased ad spends during Q2. Web segment traffic was up 2.3% QoQ/flattish YoY.
ICICI Securities Upgrades Just Dial Stock To ‘Add’
ICICI Securities has upgraded Just Dial’s stock to ‘Add’ from its previous rating, citing the company’s improved performance in Q2 FY26. The brokerage firm has set a target price for the stock, which is expected to be a key driver for investor sentiment in the coming days.
Investors can visit our website to get more information on Just Dial share price and other related news. We also provide detailed analysis on Indian stock market news to help investors make informed decisions.
Key Highlights Of Just Dial’s Q2 Results
- 6.4% YoY revenue growth in Q2 FY26
- Ebitda margin largely flattish YoY (–29bps QoQ)
- Headcount reduction (–2.0% QoQ/–2.6% YoY) offset by higher other expenses
- Paid campaign net additions rebounded to 1.5 million (vs 938k in Q1 FY26)
- Web segment traffic was up 2.3% QoQ/flattish YoY
For more information on Q2 earnings results and other corporate actions, please visit our website.
Investor Sentiment And Market Outlook
The upgrade of Just Dial’s stock by ICICI Securities is expected to have a positive impact on investor sentiment. The company’s improved performance in Q2 FY26 and the rebound in paid campaign net additions are key drivers of this sentiment.
However, investors must also consider the current market outlook and the potential risks associated with investing in the Indian stock market. We provide detailed analysis on Nifty today and Sensex news to help investors make informed decisions.
Conclusion
In conclusion, Just Dial’s Q2 results and the upgrade of its stock by ICICI Securities are key developments that investors must consider. The company’s improved performance and the rebound in paid campaign net additions are positive drivers of investor sentiment.
However, investors must also consider the current market outlook and the potential risks associated with investing in the Indian stock market. For more information on Indian stock market tips and other related news, please visit our website.
