Image Source: Business Today
Jio Financial Services (JFS) shares fell on April 17, 2025, at ₹239.55–₹240.00, a decrease from the last close of ₹242.28. This follows investors' wait for the firm's Q4 results, to be released later today. The Board will also deliberate on JFS's first-ever final dividend, further fueling market expectation.
Current trading patterns indicate JFS shares in decline, with the stock losing more than 33% in the last year and currently below major moving averages. The stock's 52-week low is at ₹198.65, down from its August 2023 listing at ₹265. Analysts are bearish, pointing to bearish technical indicators, but some believe there is long-term recovery potential with 2025 price targets of ₹208.50 to ₹331.75.
In spite of the short-term hiccup, JFS is still growing its products, having recently introduced digital lending products through the JioFinance app. With a market cap over ₹1.5 lakh crore, JFS is still a major force in India's banking and financial sector, attracting close scrutiny from investors as results roll in.
Source: Moneycontrol, Economic Times, Angel One
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