As of today, March 3rd, 2025, Jio Financial Services is experiencing steady shifts in downward graphs since the opening bell. This is just a few days after its 4% surge amidst a block deal activity of nearly 11 lakhs.
Analysts and market experts suspect the stock could drop due to factors like Jio Financial Service’s Q3 performance and market sentiment. Moreover, JFS’s stock has been downgrading by 3% since February 28th, It also hit a low of ₹214.36. How will it perform today? Let’s find out.
Jio Financial Services’ Share Price in Today’s Market
As of 11 a.m., JFS’s share price is 200.74, approximately 1.43% lower than the opening bell of 210. The shares closed at 207 on March 2nd. Estimates on Money Control show that the current market capitalization is Rs. 127,599 Cr; the UC Limit is 228.37, and the LC Limit is 186.84.
Company Financials
Jio Financial Services released its third-quarter financial results on January 17th, 2025. The data recorded a net profit of Rs. 294.78 crore, with an slight increase of 0.3% compared to the previous third quarter. The company recorded Rs. 438.35 crores in revenue from operations and net interest income (NII) is Rs.205 crores. Which is a 21.9% decrease YoY with a 2.5% increase quarter-over-quarter.
Recent News About Jio Financial Services
- Jio Financial Service and BlackRock collaborated and invested ₹117 crores into BlackRock Asset Management Private Limited, as a joint venture.
- JFS is expected to be included in the Nifty 50 index by the end of March 2025.
- Last month on February 14th, stock dipped and recorded a new 52-week low of Rs 221.1.
Jio Financial Services Share Price Target
Analysts on Trendlyne say that Jio Financial Services Ltd. has an average target of 316.50. The consensus suspects an upside of 57.59% from the last price of 200.84.
Should You Buy, Sell, Or Hold?
As inclusion in Nifty 50 could give a boost to its investor’s interest and lead towards price appreciation, 100% of the analysts on Money Control recommend ‘Hold’. Though, there are mixed suggestions for ‘buy’ and ‘hold’ from experts on Trendlyne.
Before making your final move, consider Jio Financial Services’ long-term performance and consult your analyst.
