Investors are buying shares of Jio Financial
Business Business: Shares of Jio Financial Services rose more than 6% today. This increase in the share price of this company was seen after the new news came. NSE issued this circular yesterday i.e. on Thursday. 13 November. The exchange said that the futures and options contract includes stocks of 45 companies including Jio Financial. The sale will start from November 29. Shares of this company started trading at Rs 302.45 today. Since then, the company’s shares have risen more than 6 percent and crossed Rs 320 on the BSE. The company’s 52-week high is Rs 394.70 and 52-week low is Rs 215.10.
The 45 companies listed on NSE are Zomato, DMart, BSE, Yes Bank, Paytm, LIC, Bank of India, Adani Total Gas, Angel One, Nykaa, KPIT Technologies, Tata Elxsi etc.
The company’s net profit in the second quarter of this financial year was Rs 689 crore. The company’s net profit in the same period last year was Rs 668 crore. This means that the company’s net profit increased by 3% annually. The company’s revenue during July-September was Rs 693.5 crore.
FII’s share was 17.55% in the June quarter of 2024. However, mutual funds increased their investment as compared to the June quarter. The total share of MF in the September quarter was 4.17%.
