Justdial is India’s pioneer listing service which has been in business since 1996. The listing search platform manages to make most of its revenue from search engine listings and indexing for popular searches and services in a particular city in India.
On the 20th of June, techies were in for a rude shock when it was found that Justdial had been delisted from Google. This news has also put investors in a tough situation considering that the investors’ reactions might have a detrimental effect on Just dial’s share price.
Justdial’s share price has made a resurgence to INR 764 and such a news could be really bad news for the company and its investors.
Earlier this year, Justdial was in the news for a massive data breach on its user database in which a whopping 100 million account details were compromised.