Just Dial Limited
Nippon India Mutual Fund bought 2,279 shares of Just Dial Limited, increasing its stake from 1.98% to 1.99% and taking its holding to 16,90,305 shares.
A leading local search platform in India, Just Dial connects users with local businesses and services across multiple channels including mobile apps, websites, and voice-based search. The company operates on a platform-agnostic model to ensure accessibility across Android, iOS, and desktop interfaces. Its multi-channel approach makes local discovery seamless for customers seeking relevant business information and services.
India's fifth-largest AMC with over Rs 6 lakh crore in AUM, backed by Japan's Nippon Life Insurance which holds majority stake. Formerly Reliance MF, rebranded in 2019 after Nippon's acquisition. Sailesh Raj Bhan has run the equity book for over two decades and is one of India's most experienced active managers. Known for sector rotational calls and a deep research bench.