Meanwhile, the BSE Sensex was up 12.77 points, or 0.05%, to 24,659.25

On BSE, so far 9.44 lakh shares were traded in the counter, compared with an average volume of 3.23 lakh shares in the past one quarter. The stock hit a high of Rs 768.80 and a low of Rs 650.30 so far during the day. The stock hit a 52-week high of Rs 1,455 on 19 March 2015. The stock hit a record low of Rs 377.65 on 12 February 2016. The stock had outperformed the market over the past one month till 4 March 2016, gaining 32.13% compared with Sensex's 1.27% gain. The scrip, however, underperformed the market in past one quarter, sliding 8.09% as against Sensex's 3.87% fall.

The mid-cap company has an equity capital of Rs 70.54 crore. Face value per share is Rs 10.

Meanwhile, a foreign brokerage reportedly cut its rating on the Just Dial stock to sell from neutral, citing downside expectations after recent rally. The brokerage has also flagged worries about execution in the company's core search business, according to reports.

Just Dial's proposed buyback offer to buy upto 10.61 lakh equity shares at a price of Rs 1,550 per equity share is nearing closure. The buyback offer to be undertaken on a proportionate basis began on 25 February 2016 and closes on 10 March 2016.

Just Dial's net profit fell 16% to Rs 26.99 crore on 11% increase in net sales to Rs 171.33 crore in Q3 December 2015 over Q3 December 2014.

Just Dial started offering local search services in 1996 under the Just Dial brand and is now the leading local search engine in India.