Shares of Jio Financial Services Limited (JFSL) continued their downward rally for the second straight session on Tuesday after listing, and locked in the 5 per cent lower limit circuit on stock exchanges.
Jio Financial Services listing today: The stock shall be removed from the two benchmark indices after the end of the day on the third day of its listing. Basically, exclusion will happen on August 24, 2023
Last month, Jio Financial Services Ltd (JFSL) underwent demerger from Reliance and is currently listed under a dummy ticker symbol, after its price discovery at Rs 261.85. However, trading activity has not yet commenced for this stock.
Jio Financial Services Lists On Exchanges; Falls 4% To Trade At ₹251 15 freepressjournal.in - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from freepressjournal.in Daily Mail and Mail on Sunday newspapers.
Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5 per cent on the NSE later in the trade.