What is the Share Price of Jio Financial Services Ltd?
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The share price of Jio Financial Services Ltd for NSE is ₹ 257.63 and for BSE is ₹ 257.55.
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As of the latest trading session, JIO FIN SERVICES LTD share price is currently at ₹ 257.63, which is down by ₹ -0.26 from its previous closing. Today, the stock has fluctuated between ₹ 255.60 and ₹ 259.75. Over the past year, JIO FIN SERVICES LTD has achieved a return of -32.22 %. In the last month alone, the return has been 13.35 %. Read More...
Particulars | MAR 2025 (Values in Cr) |
---|---|
Revenue | 151.53 |
Operating Expense | 48.46 |
Net Profit | 97.14 |
Net Profit Margin (%) | 64.10 |
Earnings Per Share (EPS) | 0.15 |
EBITDA | 129.07 |
Effective Tax Rate (%) | 22.91 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ALFRED HERBERT (INDIA) LTD. | 2000.00 | 24.33 | 1.25 | 154.00 | 1125.25 / 2350.00 |
BAJAJ HOLDINGS & INVS LTD | 12325.70 | 18.26 | 2.29 | 137172.72 | 7667.15 / 13221.50 |
TATA INVESTMENT CORP LTD | 6075.75 | 98.50 | 0.98 | 30740.44 | 5147.15 / 8075.90 |
MAX FINANCIAL SERV LTD | 1308.25 | 179.21 | 8.73 | 45149.64 | 864.30 / 1311.30 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ALFRED HERBERT (INDIA) LTD. | 2000.00 | 24.71 | 1.40 | 154.00 | 1125.25 / 2350.00 |
ARAVALI SECURITIES & FINANCE L | 3.89 | 0.00 | -7.62 | 5.89 | 3.44 / 7.89 |
Bagalkot Udyog Ltd | 23.90 | 0.00 | -27.43 | 20.32 | 0.00 / 0.00 |
BAJAJ HOLDINGS & INVS LTD | 12325.70 | 57.02 | 6.70 | 137172.72 | 7667.15 / 13221.50 |
Jio Financial Services, a subsidiary of Reliance Industries, has recently experienced significant developments. The company's share price rose sharply, reaching an all-time high and settling at Rs 355.75, marking a 6.56% increase from the previous day. This surge followed reports that Jio Payments might enter the soundbox segment, similar to Paytm Soundbox used in retail outlets.
Additionally, there was a corporate action where Reliance Industrial Investments and Holdings Ltd, a subsidiary of Jio Financial, sold its 100% equity stake in Jio Infrastructure Management Services Ltd to Reliance Strategic Business Ventures Ltd for Rs 0.92 crore. This transaction was clarified as a related party transaction conducted on an arm's length basis, with no involvement of the promoter or promoter group.
Furthermore, Jio Financial Services clarified that it was not in negotiations to acquire Paytm wallet, addressing speculative reports that had caused a surge in its share price. The company emphasized its focus on being a digital-first financial solution provider, leveraging its strong brand equity to build a robust customer base through cross-selling and offering a comprehensive range of financial services.
Metric | Value |
Current Share Price | ₹321.90 (Nov 05, 2024) |
Day Range (Low - High) | ₹318.75 - ₹324.00 (Nov 05, 2024) |
52-Week Range (Low - High) | ₹213.80 - ₹394.70 (Past 52 Weeks) |
Open Price | ₹320.00 (Nov 05, 2024) |
Previous Close | ₹319.85 (Nov 04, 2024) |
Volume (Shares) | 5,979,530 (Nov 05, 2024) |
Total Traded Value | ₹19248.10 Lakhs (Nov 05, 2024) |
Market Cap | ₹204,512.20 Crores (Nov 05, 2024) |
PE Ratio (TTM) | 385.36 (Trailing Twelve Months) |
Dividend Yield | 0.00% (Nov 05, 2024) |
EPS (TTM) | 0.83 (Trailing Twelve Months) |
Net Profit (Qtr) | ₹304.83 Crores (Sep 2024 Quarter) |
Net Profit Margin (%) | 79.63% (Sep 2024 Quarter) |
ROE | 1.58% (Nov 05, 2024) |
Upper Circuit | ₹383.80 (Nov 05, 2024) |
Lower Circuit | ₹255.90 (Nov 05, 2024) |
Performance Overview
The JIO Finance share price stands at ₹321.90 as of Nov 5, 2024, fluctuating within the day’s range of ₹318.75 to ₹324.00.
The company’s market cap is valued at ₹204,512.20 Crores as of Nov 5, 2024.
With a P/E ratio of 385.36 and an EPS of 0.83 (TTM), JIO Finance presents a unique valuation in the market.
Metric | Value |
Revenue (Annual) | ₹382.77 Crores (Sep 2024) |
Operating Expense | ₹54.37 Crores (Sep 2024) |
Net Profit | ₹304.83 Crores (Sep 2024) |
Net Profit Margin | 79.63% (Sep 2024) |
Earnings Per Share (EPS) | 0.48 (Sep 2024) |
EBITDA | ₹331.86 Crores (Sep 2024) |
Effective Tax Rate | 7.27% (Sep 2024) |
Book Value per Share | ₹39.05 (Sep 2024) |
Market Cap | ₹204,512.20 Crores (Nov 05, 2024) |
Return on Equity (ROE) | 1.58% (Nov 05, 2024) |
Annual Performance Summary
JIO Finance's annual revenue for Sep 2024 is ₹382.77 Crores, reflecting solid financial growth.
Operating expenses amounted to ₹54.37 Crores in the same period, ensuring cost-efficiency.
The EBITDA for Sep 2024 is ₹331.86 Crores, highlighting strong earnings before interest, taxes, depreciation, and amortisation.
Dividend Metric | Details |
Dividend Yield | 0.00% (as of Nov 05, 2024) |
Dividend History | No dividend payout recorded for the last year |
Company Policy on Dividends | JIO Finance has maintained a reinvestment-focused strategy with no current dividend distribution as of Nov 05, 2024 |
Expected Future Dividends | Currently undetermined; future payouts depend on profitability and strategic direction |
Highlights
JIO Finance has a dividend yield of 0.00% as of Nov 05, 2024, indicating no recent dividend distribution.
The company’s current strategy focuses on reinvestment rather than providing shareholder dividends.
Dividend history shows no payouts for the last year, aligning with its growth-centred approach.
Future dividend expectations remain unclear, with potential contingent on profitability trends and strategic goals.
Jio Financial Services Limited was incorporated as a Private Limited Company with the name and style of Reliance Strategic Investments Private Limited' dated July 22, 1999, issued by the Registrar of Companies, Maharashtra in Mumbai. Subsequently, the Company got converted from a Private Limited Company to a Public Limited Company and consequently renamed as Reliance Strategic Investments Limited' dated January 14, 2002, at Mumbai. Consequently, through the Scheme of Arrangement, the name of Company has been changed to Jio Financial Services Limited and a fresh Certificate of Incorporation dated July 25, 2023 was issued by the Registrar of Companies, Maharashtra at Mumbai.
'Jio' is regarded as a trusted brand in India, widely recognised by retail customers, merchants and small businesses. At present, Company is is engaged in the business of investing & financing, insurance broking, payment bank, payment aggregator and payment gateway services.
The payments platform helps merchants grow their business by giving them solutions which allows them to accept payments, acquire and retain consumers, improve their business operations, and access financial services. The payment bank provides a comprehensive suite of digital payment banking solutions, to both individuals and small business (including merchants). Insurance broking business offers insurance led solutions to the walk-in customers at retail store outlets servicing them both digitally and with dedicated sales associates and trained staff. It focuses on providing insurance solutions to corporate customer, vendor partners and small businesses.
In 1999, the Company was registered with the RBI to carry on the business as a non-banking financial institution not accepting public deposits.
In 2023, Scheme of Arrangement between Reliance Industries Limited and the Company was implemented. The Financial Services Business from Reliance Industries Limited (RIL) was demerged/ transferred into the Company through the Scheme of Arrangement for Demerger and the said Scheme became effective from 1st July, 2023. In terms of the Scheme, the Company has issued and allotted 635,32,84,188 equity shares having a face value of Rs 10 each fully paid up, for every 1 fully paid-up equity share held in RIL on 10 August, 2023.
The Company formed a joint venture with BlackRock Inc., to enter into asset management, subsequently expanding into wealth management & broking services in 2023.
In 2024, Company has implemented a modern, bespoke technology stack across each business unit. It has developed a cutting-edge, scalable, cloud-native technology stack, incorporating Artificial Intelligence (AI) and data driven capabilities to deliver optimal performance and cost efficiency.
The share price of Jio Financial Services Ltd for NSE is ₹ 257.63 and for BSE is ₹ 257.55.
The market cap of Jio Financial Services Ltd for NSE is ₹ 16,36,79.70 Cr. and for BSE is ₹ 16,36,28.80 Cr. as of now.
The 52 Week High and Low of Jio Financial Services Ltd for NSE is ₹ 385.85 and ₹ 198.65 and for BSE is ₹ 385.75 and ₹ 198.60.
You can trade in Jio Financial Services Ltd shares with Bajaj Broking by opening a Demat Account.
The 1 year returns on the stock has been -32.22%.
Jio Financial Services Ltd share price is for NSE ₹ 257.63 & for BSE ₹ 257.55 as on Apr 29 2025 03:30 PM.
The market cap of Jio Financial Services Ltd for NSE ₹ 16,36,79.70 & for BSE ₹ 16,36,28.80 as on Apr 29 2025 03:30 PM.
As on Apr 29 2025 03:30 PM the price-to-earnings (PE) ratio for Jio Financial Services Ltd share is 299.48.
As on Apr 29 2025 03:30 PM, the price-to-book (PB) ratio for Jio Financial Services Ltd share is 39.32.
You can trade in Jio Financial Services Ltd shares with Bajaj Broking by opening a demat account.
To buy Jio Financial Services Ltd shares on the Bajaj Broking app, follow these steps:
• Login to the Bajaj Broking App
• Click on the Search Icon
• Search “Jio Financial Services Ltd”
• Click on the BUY icon
• Place a buy order specifying the desired quantity of shares.
• Click BUY again to complete the purchase
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