Jio Financial services share price target 2030

Dear Friends, today’s blog is about the Jio financial services. From this blog you may be able to derive the Jio financial services share price target from 2024, 2025, 2026, 2027, 2028 2029 till 2030.

Jio Financial Services Share Target

Mukesh Ambani’s Reliance ventured into the financial services sector with the demerger of Jio financial services from the conglomerate. Jio financial services shares are listed on the exchange. Jio Financial Services is looking into capturing small businesses and retailers.

Jfs is led by the ex-CEO of ICICI bank Mr.V Kamath in the capacity of Chairman. Mr. Hitesh Sethia is the CEO of Jio Financial Services. Jio financial services are going to be a tough competition with rivals like Bajaj Fin, and Bajaj Finserv in the non-bank financial corporation sector, and rivals in the payments sector such as Phonepe, etc.

Jio Financial Services has also formed a joint venture with black rock to enter the asset management business in India. Jio Financial Services will be launching an Asset Management Company soon to look after this business.

Jio Financial Services is a Non-banking financial corporation that is listed with the Reserve Bank of India. Jio Financial Services is a non-deposit company. Readers who wish to know more about Jio Financial Services can read on the Financial Weekend website. The recently published post on “Yes Bank Share Price Target 2030” and the long-term future of Suzlon’s Share Price Target in India is the most accurate prediction given by Financial weekend guide, which I personally follow.

Jio Financial Services share listing

Jio financial services shares were listed on the stock exchange (both NSE & BSE) on 21st Aug’2023. The price of Jio financial services shares touched a high of Rs 262.05 and closed at Rs 248.9.

From the day of listing, Jio financial services prices kept falling and reached an all-time low of Rs 202.8.

• NSE Symbol: JIOFIN
• BSE Symbol: 543940

Reason for Index axe and fall of Jio Financial Services Share Price

Since the day the stock Jio Financial Services got listed on exchanges, it had selling pressure from mutual funds who hurried to adjust their portfolios before Jio Financial Services was removed from indexes. Due to this, the stock was constantly under a 5% lower circuit for a few days post-listing on exchanges.

It is pertinent to note that the inclusion of Jio financial services in indexes was purely for the reasons to protect and stabilize the reliance share prices.  Jfs was included in indexes on 21^st Aug’23 and it was removed from indexes on 1^st Sep’23.

Fundamentals and Technicals of Jio Financial Services Share.

Jio Financial Services is debt-free. Jio fs has low ROE-1.8% over the last three years.

Peer comparison
Name	Cmp(in Rs)	P/E	Market cap(in cr)
Bajaj finance	7810.75	38.3	473267
Bajaj Finserv	1540.25	34.5	245745
Jio financial	231.2		146887
Cholaman inv n fin	1217.55	35.6	100126
Bajaj holdings	7108.5	14.9	79110

Shareholding Pattern
Promoters	45.80%
FIIs	26.40%
DIIs	16.20%
Government	10.00%
Public	11.30%

Jio Financial Services share price daily chart

The Jio financial services share price is currently forming a base near Rs 225.

Jio Financial Services share price target 2023, 2024, 2025, 2026, 2027, 2028, 2029,2030.

Year	Jio Financial Services Share Target (in Rs)
2023	250
2024	300
2025	220
2026	250
2027	310
2028	280
2029	340
2030	375

Conclusion

The above blog post provides technical and fundamental parameters of Jio financial services and is not a buy/sell recommendation. And we are not SEBI registered. In case you require information regarding HDFC bank share price then pls check the link below.

You may like to know the HDFC share price in 2025.