Jio Finance Share Price | Jio Financial share gave 41% return this year, expert advised – NSE: JIOFIN
Jio Finance Share Price | Jio Financial Services shares fell 1.24 percent to Rs 329.50 on Thursday, October 17. (PRODUCT: GIOFIN) But was doing business. Despite this decline, shares of Jio Financial Services have increased by 40.75% on an annual basis. On Friday, October 18, the stock was trading 0.12 per cent down at Rs 329.55. (Jio Financial Services Limited Company Excerpt)
Joint Venture with BlackRock Company
Jio Financial Services Limited will announce its results for the second quarter of the current financial year 2024-25 on Friday, October 18. American BlackRock is in talks with Jio Financial Services Ltd to form a private credit joint venture, Business Today has reported. However, the company has not given any official information in this regard. Jio Financial Services Limited has been approved for mutual fund business. “Jio Financial Services has a strong brand reach and will do well in future also,” said an expert at Wealthmills Securities brokerage firm.
Anand Rathi Brokerage Firm – Share Technical Chart
Jigar S Patel, stock market expert, Anand Rathi brokerage firm, said, 'Technically, support on the counter can be seen in the range of Rs 325-320. Support for Jio Financial shares will be at Rs 325 and resistance at Rs 350. Experts have estimated that if Jio Financial's share reaches Rs 350, it can further increase to Rs 365. The short-term trading range of Jio Financial shares will be between Rs 320 to Rs 365.
Angel One Brokerage Firm Expert Advice
Experts said that there has been a slight improvement in the shares of Jio Financial in the last few trading sessions. Experts have predicted Jio Financial shares to trade in the price range of Rs 329-320. However, experts say that if some negative signals come then the stock may fall slightly. Experts of Angel One brokerage firm said that Jio Financial shares can give positive returns at the restoration counter of more than Rs 345-350.
stoxbox brokerage firm expert advice
Experts at Stoxbox brokerage firm have advised not to buy shares of Jio Financial Services Limited until there is a clear signal of rally. Jio Financial Services Limited will give decisive signals above Rs 360 per share of the company.
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