On 17th April 2025, the JFS or Jio Financial Share Price experienced a spike of nearly 2% in its share prices. Analysts and market experts said that the company’s strong performance in the fourth quarter, the interim dividend declaration and broader market fluctuations may have contributed to the rising share prices.
JFS Share Price Performance On 17th April
On 17th April, JFS shares opened to the market at Rs. 242.94 and recorded a day-high of Rs. 248.00 and a day-low of Rs. 230.80. At 15:59, when the market closed, JFS’ share price stood at Rs. 246.47. It was nearly 1.73% higher than its previous close of Rs. 242.28. According to the reports and estimates on Money Control, the market capitalisation was 156,585 cores; the UC Limit was 266.50, and the LC Limit was 218.05.
Q4 Financials
JFS declared its fourth-quarter financials on 17th April. As per the data, JFS’ net profit was Rs. 316 crore, indicating a 1.8% increase from Rs 311 crore in Q4 FY24. Its total income was up 24% compared to the previous fourth quarter, reaching Rs. 518 crore. JFS’ revenue from operations stood at Rs. 493 crore, marking an 18% YoY growth. It’s the first Reliance-owned business to declare a first-ever dividend; JFS reported a dividend of Rs. 0.50 per equity share. Assets Under Management Surged to Rs. 10,053 crore as of 31st March from Rs. 173 crore a year earlier.
Recent News About JFS
- To improve asset management and brokerage services in India, JFS and BlackRock invested Rs. 66.5 crore in their 50:50 joint venture, Jio BlackRock Investment Advisers, in April 2025.
- After Allianz withdrew from its joint ventures with Bajaj Finserv, JFS and Germany’s Allianz SE established a preliminary deal in March 2025 to launch an insurance company in India.
- To achieve complete ownership, JFS stated in March 2025 that it would pay Rs.1.05 billion to the State Bank of India to purchase the remaining 17.83% of Jio Payments Bank.
JFS Share Price Target
According to the latest calculations projected on Trendlyne, Jio Financial Services Ltd. has an average target of 316.50. The consensus estimate represents an upside of 28.41% from the last price of 246.47.
Should You Buy, Sell, Or Hold?
Analysts on Trendlyne were split between holding and buying the shares. On MoneyControl, however, 100% of market experts recommended holding. Before investing in JFS, consider its long-term performance and consult your analyst to make the perfect move.
