Stock Recommendations For Your Portfolio
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Just Dial | BSE CODE: 535648 | Volume: 310000 | CMP: Rs 1138
Search services provider Just Dial (JDL) has made its entry into transaction-enabled services with the launch of Just Dial Search Plus. The services provided by this new segment of the company include food delivery, wine delivery, bus ticket booking, grocery delivery, etc. Such services are expected to provide non-linear growth to the company, which in turn will help it to earn revenue from company searches. Company search accounts for almost 64 per cent of its search volumes. Currently, around six-nine services have gone live and JDL will start monetising them within two months. As JDL has already incurred costs on servicing such searches, a significant portion of the revenue will flow to the bottomline. It plans to increase its employee base from 7342 in FY13 to around 10000 over the next two-three years to roll out these services. One can look at the stock from a medium-term perspective.
Last Seven Days Volume Table (No. of Shares)
|
| Days | Volume |
| 02/12/13 | 74224 |
| 03/12/13 | 254833 |
| 04/12/13 | 138637 |
| 05/12/13 | 103341 |
| 06/12/13 | 79508 |
| 09/12/13 | 210119 |
| 10/12/13 | 310000 |
Speciality Restaurants | BSE CODE: 534425 | Volume: 47000 | CMP: Rs 120
In the recent past, Speciality Restaurants entered into an exclusive tie-up with ICICI Bank Credit and Debit Cards. The management is of the belief that this tie-up is likely to increase the footfalls of corporate clients and especially on weekdays. This is likely to increase in the near future. ICICI Bank will also pay the company a one-time amount of Rs 4 million for one year for this exclusive tie-up. Apart from this, in the month of December 2013, the company has undertaken a price hike for the second time, which will help it to reduce the cost pressures that had mounted in the first half of the current fiscal. The management is looking forward to open 14 owned restaurants in FY14, 75 per cent of which will be Mainland China. Sigree Global Grill, the other format of the company, is likely to be the other growth driver. It is also believed that the company will post better results for Q3FY14, as the festive season will be another trigger going ahead. One can look to invest in the stock from a medium-term perspective.
Last Seven Days Volume Table (No. of Shares)
|
| Days | Volume |
| 02/12/13 | 30264 |
| 03/12/13 | 29738 |
| 04/12/13 | 35715 |
| 05/12/13 | 40865 |
| 06/12/13 | 32610 |
| 09/12/13 | 30972 |
| 10/12/13 | 47000 |