Jio Finance Share Price | Jio Financial shares rise, beneficial updates on the company, shares will rise further – NSE: JIOFIN
Jio Finance Share Price | The stock market is very volatile right now. In less than two months, the stock market Nifty has fallen by 10 percent, while the stock market Sensex has fallen 8000 points. (NSE: GEOFINThe stock was trading at Rs 319.20, up 6.61 per cent on Thursday, October 14. (Jio Financial Services Company excerpt)
On Wednesday, some listed companies of the stock market reported the results of the second quarter. Its effect was visible on stocks on Saturday. At the same time, the stocks of companies that have joined F&O are also showing an increase.
Jio Financial shares rise
Shares of Jio Financial Services Limited rose on Thursday. Yesterday morning, Jio Financial Services Company shares were trading 6.40 percent higher at Rs 318.55. The reason for such increase in Jio Financial share is that the company has joined the F&O list.
Eligible for F&O trading
A total of 45 stocks have been included in the trading futures and options contracts, which will begin trading from November 29, 2024, the National Stock Exchange said in a statement. These include Jio Financial Services Limited, Adani Energy Solutions Limited, Adani Green Energy Limited, Paytm, Zomato, Suzlon Energy Limited.
The stock gave multibagger returns
Jio Financial Services share has declined 6.32% in the last 1 month. The stock has declined 9.62% in the last 6 months. The share has given 42.11% return in the last 1 year. The stock has also given 35.81% return on YTD basis.
Big bullish potential
The market cap of Jio Financial Services Limited is Rs 2,02,384 crore. The 52-week high price of Jio Financial shares was Rs 394.70 and the 52-week low price was Rs 215.05. The profit-earnings (P/E) ratio of Jio Financial shares is 125.35. Jio Financial Services shares are prime candidates to join Nifty in March 2025. Experts have informed that Jio Financial shares will see good growth in the coming days.
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