Today, 9th April 2025, Jio Financial Services, or Jio Financial Share saw a 3% dip in its share prices. Analysts say that the plunge could be due to broader market volatility, absence of developments in the company, bearish sentiments in the financial sector, and general investor confidence.
JFS Share Price in Today’s Market
Today, JFS’ shares opened to the market at Rs. 224.00 and are currently down by 1% compared to the previous session’s close of Rs. 224.81 At 11:45 a.m., JFS was trading at Rs. 221.40. It is nearly 1.52% lower than its previous close. According to the reports and estimates on Money Control, the current market capitalization shows 140,575 cores; the UC Limit is 247.29, and the LC Limit is 202.32.
Company Financials
In the third quarter of FY 2024–2025, Jio Financial Services reported a net profit of Rs. 294.78 crore. This represents a 0.3% increase over the Rs. 293.82 crore recorded in the last Q3. The company’s operational revenue was Rs. 438.35 crores, while net interest income (NII) was Rs. 205 crores, a 21.9% increase from the Q3 of the previous year.
Recent News About JFS
- JFL, Jio Financial Services’ subsidiary, introduced a fully digital Loan Against Securities (LAS) for its customers. JFS shares spiked 3% following this news.
- The LAS service, which includes loans against mutual funds and shares, will be accessible via the JioFinance app.
- Kusal Roy, Managing Director and CEO of Jio Finance Limited stated that this launch would smoothen customer interaction with their finances and make financial services more accessible, efficient, and customer-centric.
JFS Share Price Target
As per the latest predictions on Trendlyne, experts believe that Jio Financial Services Ltd. has an average target of 316.50. The consensus estimate represents an upside of 44.42% from the last price of 219.15.
Should You Buy, Sell, Or Hold?
Analysts on Trendlyne are split between holding and buying the shares. On MoneyControl, 100% of analysts recommend holding the shares. Before investing in JFS, consider its long-term performance and consult your analyst to make the perfect move.
