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 2023 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 by clicking on the Jio Financial Services Official website.
Table of Contents
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 a price of Rs 248.9.
From the day of listing, Jio financial services prices kept falling down 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 21st Aug’23 and it was removed from indexes on 1st 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.
|Name||Cmp(in Rs)||P/E||Market cap(in cr)|
|Cholaman inv n fin||1217.55||35.6||100126|
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)|
Does Jio financial services give dividends?
Jio Financial Services does give dividends.
Is Jio financial services share price overpriced?
It can’t be derived as of now as the shares are recently listed.
What will be Jio financial services share price in 2023?
Jio Financial Services’ stock price is Rs250 in 2023.
What will be Jio financial services share price in 2024?
Jio financial services price is expected to be Rs 300 by 2024.
What will be Jio financial services share price target in 2025?
Jio financial services share price may be Rs 220 in 2025.
What will be Jio financial services share price in 2026?
Jio Financial Services share price is expected to reach Rs 250 in 2026.
What will be Jio financial services share price in 2027?
Jio Financial Services share price may reach Rs 310 in 2027,
What will be Jio financial services share price in 2028?
Jio financial services stock prices may touch Rs 280 in 2028.
What will be Jio financial services share price in 2029?
Jio financial services is expected to reach Rs 340 by 2029.
What will be Jio financial services share price in 2030
Jio Financial Services stock price is expected to reach Rs 375.
Is Jio financial services a Reliance group company?
Yes, Jio Financial Services is a Reliance group company.
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.