JUST DIAL and CRISIL IPO grade report !!!
JUST DIAL came out IPO @ 530 in 2013 and listed on 05th June 2013
after three years now trading at 530.
that means zero % return after holding more than 3 years
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CRISIL gave IPO Grade 5/5 (STRONG) for JUSTDIAL
below is their report link :
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CRISIL is Rs.15000 Cr. Market Cap Company and quoting at 46 P/E
Market Cap to Sales: 9.80
Balance sheet total: 1,333.12 Cr.
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CRISIL was/is a valued company
but
Was any value in their report of JUSTDIAL ?