ReferIndia News Just Dial shares rocket 36% in two days! Why Citi, Kotak, others think Reliance-backed stock can rally up to 62%?

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Just Dial shares rocket 36% in two days! Why Citi, Kotak, others think Reliance-backed stock can rally up to 62%?

Published on: July 14, 2026, 11:17 a.m. | Source: The Economic Times

Just Dial shares have surged 36% in two sessions after a strong Q1 FY27 earnings report, prompting brokerages to turn bullish. Kotak sees up to 62% upside, while Citi and ICICI Securities maintain positive views, citing revenue growth, healthy cash reserves and improving business fundamentals despite near-term investment risks.

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