Jio Financial Services of Reliance Industries showed upward trajectory in recent months, reaching new record highs. The stock hit ₹394.70 apiece today. The company reported stellar performance in FY24.
On Friday, Jio Financial Services shares jumped over 10 per cent and touched a new high of Rs 347. The surge propelled the company's market capitalisation on BSE to cross the Rs 2 lakh crore mark for the first time., Companies News, Times Now
Mukesh Ambani group’s financial services company Jio Financial Services has reported a net profit of Rs294 crore for fiscal third quarter (October-December 2023), down 56 per cent from Rs668.18 crore
For the July-September period, Jio Financial Services had reported a net profit of Rs 668 crore, a jump of 101 percent sequentially. Total revenue from operations increased 47 percent to Rs 608.04 crore on a quarter-on-quarter basis
Jio Financial Services, KRChoksey said, aims to increase financial services penetration with the acceleration of its strategy of being a digital-first financial solution company.