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JM Financial maintains Buy call on Just Dial, lowers target price to Rs 1220

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JM Financial maintains a buy call on Just Dial with a revised target price of Rs 1220, down from Rs 1350. Current market price stands at Rs 907.85. The company, a mid-cap entity in the services sector, reported positive financial results and has plans to share profits with shareholders. Promoters hold 74.15% stake.