JFS share price: Shares of Jio Financial Services (JFS) continued their fall for the third straight day as the stock hit the lower circuit of 5% on Wednesday as well. The scrip has fallen a little over 15% since its listing on Monday. Watch this Visual Story to know what should investors, JFS shareholders do.
Markets News: Shares in Jio Financial Services (JFS), part of Reliance Industries , fell a maximum of 5% for a second straight day on Tuesday as passive funds conti.
JFS shares: While the short-term outlook is uncertain due to a lack of clarity about business direction and profitability, the long-term outlook remains optimistic, supported by its robust pedigree and extensive network.
Since the stock has hit lower circuit limit for two consecutive days, JFS will now be removed from all the S&P BSE Indices effective prior to the open of trading on Tuesday, August 29.
JFS shares: G Chokkalingam, Founder at Equinomics Research said existing investors should not worry much as the stock looks reasonably valued. He advised new investors to buy the stock in a staggered manner