Jio Finance Share Price | Jio Financial share rocket will give fast returns, beneficial update on the company – NSE: JIOFIN
Jio Finance Share Price | JM Financial Brokerage firm said in its report that the Nifty-50 index of Jio Financial Services Limited Company and Zomato Limited Company (PRODUCT: GIOFIN) The chances of joining are high. Jio Financial Services Limited Company and Zomato Limited have recently joined the NSE F&O segment, which is an important prerequisite for making it to the Nifty 50. (Jio Financial Services Company excerpt)
JM Financial Brokerage Firm Report
According to a report by JM Financial brokerage firm, Jio Financial Services and Zomato Limited may be included in Nifty 50 during the update of Nifty index in March 2025. Joining the F&O segment further strengthens the chances of Jio Financial and Zomato joining the Nifty 50.
ability to invest
Jio Financial Services Ltd is likely to invest around Rs 3,140 crore, according to a report by JM Financial brokerage firm JM Financial Services Ltd. Zomato Limited Mutual Fund is expected to infuse around Rs 5,100 crore after its inclusion in Nifty 50. Jio Financial Services and Zomato Ltd are expected to invest around Rs 8,200 crore, which is a positive sign for investors in the companies. On Monday (November 18, 2024), the stock was trading 0.02% higher at Rs 318.
These shares can come out of Nifty
JM Financial brokerage firm said, shares of BPCL and Eicher Motors may exit the Nifty-50 index. Shares of BPCL and Eicher Motors are expected to attract investments of Rs 1,882 crore and Rs 2,017 crore.
How much return did the stock give?
Jio Financial Services stock has fallen 4.21% in the last one month. The stock has declined 9.98% in the last 6 months. Jio Financial Services shares have given 40.82 percent return in the last 1 year. Jio Financial Services stock has returned 36.26% on a YTD basis.
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