Jio Financial Services Share Price Target 2030! Jio Financial Services is an organisation that has caught the attention of investors as well as analysts within the industry. When we look ahead to 2030, knowing the potential future direction that might be the course of Jio Financial Services’ share price is vital to anyone interested in investing.
In This blog article We will know the long-term prospects that are available for Jio Financial Services, offering details on the expected price of shares and other factors which could affect the financial performance that could affect the performance of Jio Financial Services.
CONTENTS AVAILABLE AT THIS PAGE
- 1 Jio Financial Services Quick Info.
- 2 Jio Financial Services Share Price Live Tracking
- 3 What is Jio Financial Services Limited?
- 4 Jio Financial Services Share Price Target 2030
- 5 Jio Financial Services Share Price History
- 6 Should You Buy Jio Financial Services Share or Not?
- 7 How To Buy Jio Financial Services shares Share?
Jio Financial Services Quick Info.
| Company Name | Jio Financial Services Ltd. |
|---|---|
| Industry | Financial Services |
| Headquarters | Mumbai, Maharashtra, India |
| Founded | 2023 |
| CEO | K. V. Kamath |
| Market Cap | ₹2,23,635.60 Cr. |
| Current Share Price | 344.80 INR (11/09/2024) |
| Revenue (Latest Year) | ₹26,478 crore |
| Net Profit (Latest Year) | Rs 313 crore. |
| Key Services | Banking, Insurance, Investment Services |
| Major Stakeholders | Reliance Industries |
| Certifications | Jio Financial Services Limited (JFS) received a new certificate of incorporation on July 25, 2023 |
What is Jio Financial Services Limited?
Jio Financial Services Ltd. is an Indian firm that provides financial services, located in Mumbai, India that was at first a subsidiary company of Reliance Industries (RIL). The company became an autonomous entity and was incorporated on Indian exchanges in August in 2023. The firm is a financial institution, offering the provision of insurance brokerage and payment services. The Jio Finance subsidiary Jio Finance holds an NBFC license from the RBI.
A different company, Jio Payments Bank, is also a bank for payments which is registered in India. Jio Financial Services was initially one of Reliance Industries’ financial services operations. Jio Financial Services was split in the form of a merger to make an entirely new company, after the listing on the exchanges. Reliance Industries transferred Rs 15,500 crore in cash and liquid investment in the form of liquid investments to Jio Financial Services as part of the demerger plan.
This gives Jio Financial Services a liquid assets base of about 20,700 crore. Investors who invested in Reliance received one equity share in Jio Financial Services for every stake they held with Reliance Industries.
According to Insoro.com and others Financial Platforms, the median goal price of Jio Financial Services Ltd. is 344. This is an 11.05 percentage decrease from the price last year of 351.70.
| YEAR | SHARE PRICE TARGET |
| 2024 | ₹423 |
| 2025 | ₹575 |
| 2026 | ₹659 |
| 2027 | ₹755 |
| 2028 | ₹865 |
| 2029 | ₹990 |
| 2030 | ₹1133 |
| Date | Price | Open | High | Low | Vol. | Change % |
|---|---|---|---|---|---|---|
| Sep 01, 2024 | 344.80 | 324.00 | 359.70 | 323.40 | 288.69M | +7.18% |
| Aug 01, 2024 | 321.70 | 329.00 | 337.95 | 310.00 | 331.33M | -2.07% |
| Jul 01, 2024 | 328.50 | 358.15 | 358.40 | 326.00 | 295.29M | -8.28% |
| Jun 01, 2024 | 358.15 | 368.00 | 368.30 | 307.30 | 445.10M | +4.01% |
| May 01, 2024 | 344.35 | 377.00 | 385.85 | 335.40 | 399.57M | -8.66% |
| Apr 01, 2024 | 377.00 | 357.00 | 394.70 | 351.00 | 643.48M | +6.57% |
| Mar 01, 2024 | 353.75 | 313.50 | 374.50 | 311.55 | 939.22M | +14.11% |
| Feb 01, 2024 | 310.00 | 251.00 | 348.00 | 249.20 | 1.37B | +24.87% |
| Jan 01, 2024 | 248.25 | 233.35 | 269.70 | 232.00 | 558.55M | +6.57% |
| Dec 01, 2023 | 232.95 | 231.45 | 251.60 | 224.85 | 411.88M | +1.55% |
| Nov 01, 2023 | 229.40 | 216.00 | 232.30 | 213.80 | 374.28M | +4.75% |
| Oct 01, 2023 | 219.00 | 231.50 | 233.90 | 204.25 | 349.33M | -5.28% |
| Sep 01, 2023 | 231.20 | 235.00 | 266.95 | 224.75 | 793.41M | -0.99% |
The company’s management plan is to utilize the IPO funds to pay off debt as well as to finance future growth. This will eventually boost profits for the business. To invest in the long term it is recommended to subscribe to the IPO. So before you buy, study the stock thoroughly before making a buy.
- Direct investment: You are able to buy Jio Financial Services shares by opening an account at Angel One. The account is a demat one is available at Angel One.
- Direct investment: This method involves investing through ETFs or Mutual Funds that offer exposure to Jio Financial Services shares.
- Brokerage firm: You can also buy Jio Financial Services shares through a brokerage firm.
Related read:- Zomato Share Price Target 2030: 2024 To 2030
Final Thought:
Jio Financial Services presents a possibility for investors who want to invest over the future due its robust growth potential until 2030. According to our study, Jio Financial Services’ strong foundation, enhanced by a large amount of assets, as well as a strategy plan, set the foundation for further development. Though the market expectations indicate the potential for a slow boost It is vital to remain informed and up to date.
You should be examining your strategies for investing considering both the current economic environment in addition to Jio Financial Services’ evolving business strategy. If you’re current and are making sound investment decisions and take the right decisions, you’ll profit from Jio Financial Services’ growing powerhouse in finance.
Frequently asked questions:
According to Insoro.com and others Financial Platforms, It will be approx ₹1133.
Q: What is Jio Financial Services Ltd?
Jio Financial Services Ltd. is an Indian firm that provides financial services, located in Mumbai, India that was at first a subsidiary company of Reliance Industries (RIL).
To invest in the long term it is recommended to subscribe to the IPO. So before you buy, study the stock thoroughly before making a buy.
