On 28th March 2025, Jio Financial Share Price experienced a 1% jump in share prices. The spike followed the parent company’s announcement of investing in its prominent subsidiaries, Jio Finance Ltd (JFL) and Jio Payments Bank Ltd (JPBL). Jio Financial Services said the capital infusions aim to support their business operations and drive growth.
Rs 1,000 Crore Investment in JFL
JFSL invested Rs 1,000.24 crore in Jio Finance (JFL). The parent company acquired 1.73 crore equity shares at the face value of Rs 10 each. JFSL stated that the deal was treated as a related party transaction and clarified the involvement of promoters or government approval was not required.
JFSL acquired Shares of Jio Payments Bank
JFSL acquired 8.5 crore equity shares of Jio Payments Bank Ltd (JPBL) at the face value of Rs 10 each. This investment of 85 crores increased JFSL’s stake in the company from 82.17% to 85.04%.
On 28th March, shares opened to the market at Rs. 227.18 and recorded a day-high of Rs. 232.30 and a day-low of Rs. 226.11.
JFSL Share Price Performance On 28th March
At 15:59, when the market closed, JFSL traded their shares for Rs. 227.51. It was nearly 0.77% higher than its previous close of Rs. 225.78. According to the reports and estimates on Money Control, the current market capitalisation was 144,540 cores; the UC Limit was Rs. 248.35, and the LC Limit was Rs. 203.20.
Company Financials
Jio Financial Services released its third-quarter financial results on 17th January 2025. The data recorded a net profit of Rs. 294.78 crore, with an increase of 0.3% compared to the previous third quarter, resulting in Rs. 293.82 crore profit. The company recorded Rs. 438.35 crores in revenue from operations. And its net interest income (NII) is Rs.205 crores, a 21.9% decrease year-over-year but a 2.5% increase quarter-over-quarter.
Recent News About JFSL
- Jio Finance, a division of JFS, raised ₹10 billion at a yield of 7.80% in March 2025 when it issued its first commercial paper offering, entering the debt market.
- This action was taken in anticipation of a scheduled bond offering to raise about ₹30 billion through five-year bonds with a suggested 7.75% coupon.
- Jio Finance chose to delay the bond sale to the following fiscal year in anticipation of better conditions after anticipated monetary policy changes by the RBI as a result of high-yield demands from investors.
JFSL Share Price Target
According to Trendlyne, market experts predicted that Jio Financial Services Ltd. has an average target of 316.50. The consensus estimated an upside of 39.11% from the last price of 227.51.
Should You Buy, Sell, Or Hold?
Analysts on Trendlyne provided a mixed opinion of buying and holding JFSL shares. At the same time, 100% of experts on MoneyControl suggested holding the shares.
Before investing in any company, consider its long-term performance and consult your analyst to make the perfect move.
