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JFS shares climbed 14.50 per cent to hit a record high of Rs 347 on BSE. The stock later traded at Rs 330.70, up 9.12 per cent. At this price, JFS was valued at Rs 2,10,325.47 crore against its previous day's market value of Rs 1,92,536.28 crore.
Jio Financial Services will announce its December quarter result later in the day. This will be the NBFC s second quarterly results announcement after it listed in August 2023 ....
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 ....
KR Choksey is bullish on Jio Financial Services has recommended buy rating on the stock with a target price of Rs 290 in its research report dated January 03, 2024. ....