Today, on 15th April 2025, Jio Financial Services or Jio Financial Share Price experienced a slight uptick of nearly 2% in its share prices. JFS declared that its fourth-quarter business will be made public on 17th April after the market closes. The Company also announced an interim dividend for the period spanning from January to March. This makes JFS the first Reliance-owned firm to award its shareholders. Analysts believe that such developments from the Company could reinforce investor confidence and influence positive sentiment toward the Company, resulting in rising share prices and trade volumes.
Today, JFS’ shares opened to the market at Rs. 235.90, a hike from Friday’s close (11th April) of Rs. 230.02.
JFS Share Price in Today’s Market
At 9:45 a.m., JFS traded its shares for the price of Rs. 233.45, nearly 1.49% higher than its previous close. According to the reports and estimates on Money Control, the current market capitalization shows 148,314 cores; the UC Limit is 253.02, and the LC Limit is 207.01.
Company’s Q3 Financials
In the third quarter of FY 2024–2025, Jio Financial Services reported a 0.3% increase in its net profits, which stood at Rs. 294.78 crore. In the last third quarter, JFS reported a net profit of Rs. 293.82, while Its revenue from operations in the Q3 FY 24-25 was Rs. 438.35 crores. The Net Interest Income increased by 21.9% to Rs. 205 crores.
Recent News About JFS
- JFS is scheduled to convene a board meeting on 17th April to consider and approve the Company’s audited financial results for the quarter and year ended 31st March 2025.
- The Company will also announce the first-ever interim dividend.
- In April 2025, JFS and BlackRock invested Rs. 66.5 crore into Jio BlackRock Investment Advisers.
Jio Financial Share Price Target
Based on the latest updates from Trendlyne, Jio Financial Services Ltd. has an average target of 316.50. The consensus estimate represents an upside of 35.79% from the last price of 233.08.
Recommendation on Buy, Sell, Or Hold?
Analysts on Trendlyne are split between buying and holding the shares. On MoneyControl, however, 100% of market experts suggest holding the shares. Before investing in Jio Financial Services, consider its long-term performance and consult your analyst to make the perfect move.
