Today, on 2nd April 2025, Jio Financial Services or Jio Financial Share Price experienced a slight decline of 1% in its share prices. Analysts and market experts say that the cause can depend on the overall market sentiment and investor caution under the current situation.
Jio Financial shares opened to the market at Rs. 230.99, and the prices are currently down by 0.9% compared to the previous close rate of Rs. 230.42. JFS’ shares recorded a day-low of 225.30, a 2% fall from the last close.
JFS Price in Today’s Market
At 12:10 p.m., Jio Financial traded its shares for the price of Rs. 228.60. It is nearly 0.7% lower than its previous close. According to the reports and estimates on Money Control, the current market capitalization shows 145,270 cores; the UC Limit is 253.46, and the LC Limit is 207.37.
Company Financials
Jio Financial Services reported a net profit of Rs. 294.78 crore in the third quarter of FY 2024-25. This indicates an increase of 0.3% compared to the previous third quarter, which stood at Rs. 293.82 crore. Revenue from operations resulted in Rs. 438.35 crores, and the net interest income (NII) stood at Rs.205 crores, 21.9% up year-over-year.
Recent News About JFS
- From 28th March 2025, JFS was included in the Nifty 50 index, replacing Britannia Industries.
- On 21st March, JFS decided to delay its planned bond issuance of approximately Rs. 30 billion to the next financial year, starting 1st April 2025.
- The rescheduling was because the investors demanded a coupon rate of 7.90% instead of 7.75% as JFS initially proposed.
Jio Financial Services Share Price Target
Market experts on Trendlyne predicted that Jio Financial Services Ltd. has an average target of 316.50. The consensus estimated an upside of 38.66% from the last price of 228.25.
Should You Buy, Sell, Or Hold?
100% of analysts on MoneyControl recommend holding the shares, and market experts in Trendlyne are divided between holding and buying. But before investing in Jio Financial Services, consider its long-term performance and consult your analyst to make the perfect move.
