Is Google buying Just Dial? The latter's share price soars
Just Dial's shares zoomed some 20 per cent after reports it was talking with Google about a possible sale.
The share price increased to Rs 551.25 in early morning trade on the National Stock Exchange (NSE), a gain of 19.99 per cent.
The share price increased to Rs 549.85 on the Bombay Stock Exchange (BSE), a gain of 19.79 per cent.
The Business Standard had reported Thursday that Google and Just Dial had been talking for the past two months.
Just Dial's share price came back to normal after the company denied reports of a possible sale to Google.