Just Dial shares rocket 36% in two days! Why Citi, Kotak, others think Reliance-backed stock can rally up to 62%?

Just Dial shares surged 36 percent in two sessions after a strong Q1 FY27 earnings report. Brokerages including Kotak, Citi, and ICICI Securities turned bullish, with Kotak projecting up to 62 percent upside. The optimism stems from revenue growth, healthy cash reserves, and improving business fundamentals, though near-term investment risks remain.