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JIO Financial Services is currently trading at Rs. 327.90, up by 5.55 points or 1.72% from its previous closing of Rs. 322.35 on the BSE. The scrip opened at Rs. 324.10 and has touched a high and low of Rs. 333.00 and Rs. 324.05 respectively. So far 1555808 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 394.70 on 23-Apr-2024 and a 52 week low of Rs. 204.65 on 23-Oct-2023. Last one week high and low of the scri...
Jio Financial Services trades higher on the BSE
JIO Financial Services is currently trading at Rs. 327.20, up by 3.60 points or 1.11% from its previous closing of Rs. 323.60 on the BSE. The scrip opened at Rs. 327.00 and has touched a high and low of Rs. 329.90 and Rs. 325.55 respectively. So far 512354 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 394.70 on 23-Apr-2024 and a 52 week low of Rs. 204.65 on 23-Oct-2023. Last one week high and low of the scrip...
Jio Financial Services rises on acquiring additional stake in Jio Payments Bank
Jio Financial Services is currently trading at Rs. 329.95, up by 2.75 points or 0.84% from its previous closing of Rs. 327.20 on the BSE. The scrip opened at Rs. 333.20 and has touched a high and low of Rs. 334.20 and Rs. 329.45 respectively. So far 597043 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 394.70 on 23-Apr-2024 and a 52 week low of Rs. 204.65 on 23-Oct-2023. Last one week high and low of the scrip...
Jio Financial Services rises on getting nod to increase foreign investment limit to 49%
Shareholders of India's Reliance Industries approved a deal worth $4.3 billion between its units Reliance Retail and Jio Financial Services (JFS), according to a disclosure with stock exchanges on Friday. JFS plans to acquire equipment worth 360 billion rupees from Reliance Retail, as the financial services provider plans to enter the device leasing business. Through the deal, JFS' unit - Jio Leasing Services - will buy customer premises equipment, devices and telecom equipment ...
Shareholders of India's Reliance approve retail unit's $4 billion lease to Jio Financial
PAT up ~6% QoQ led by growth in interest income and income from JVs/associates * For Jio Financial Services (JFSL), NII rose ~4% QoQ to INR2.8b in 4QFY24 (~INR2.7b in 3Q) and other income declined ~5% QoQ to INR1.4b due to lower commission income. * Operating expenses grew 3% QoQ to INR1b. Employee expenses rose ~16% QoQ because of the hiring of manpower and management team. * Credit costs stood at INR18m (vs. INR2m in 3Q). The profit contribution of JVs and associates increased ~17%...
Company Update : Jio Financial Services - Motilal Oswal Financial Services
Jio Financial Services announced the launch of their ‘JioFinance’ app (in Beta mode), a cutting-edge platform revolutionising daily finances and digital banking. This app seamlessly integrates digital banking, UPI transactions, bill settlements, and insurance advisory, and offers a consolidated view of accounts and savings, all in one user-friendly interface. Designed for frictionless navigation, the ‘JioFinance’ app will cater to users of all levels of fam...
Jio Financial Services unveils `JioFinance` app in beta version
Jio Financial Services will emerge as a disruptive force in the financial space, but the scale buildup will take time, Elara Capital said in a research.Jio Financial is a financial powerhouse in the making, operating fintech & new-age biz. Jio Financial will transform into a NBFC-CIC. And, this will be a holding company that operates the financial services business via its consumer-facing subsidiaries.?We see it operating like a fintech & new-age, success factors, such as creating a f...
Jio Financial will emerge as a disruptive force but scale buildup will take time`
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