Jio Financial Services Share Price, Target 2025, 2030, NSE, BSE, Price History

Jio Financial Services Share Price, Target, NSE, BSE, Price History

With the aim to offer transparent and user-friendly financial products, Jio Financial Services Limited is one of the trusted companies that fulfill the rapidly evolving financial needs of the country. As per the Jio Financial Services Website, https://www.jfs.in/, the company focuses on catering to the financial needs of small businesses often untapped in urban, semi-urban, and rural parts of the country, crucial customer groups as well as individuals for personal, secured, and unsecured loans. 

Initially, the company was incorporated as Reliance Strategic Investments Private Limited in 1999; however, it was later renamed Reliance Strategic Investments Limited in 2002. Subsequently, on July 25, 2023, the company was again renamed ''Jio Financial Services Limited,'' and a fresh certificate of incorporation was issued. 

As we know, the Jio Financial Services share price keeps changing every hour; let's find out its price today, along with its price history. 

Jio Financial Services Share Price Today

On December 5, 2023 (15:30), Jio Financial Services' share price was 242.15 INR. 

Jio Financial Services IPO Price

1. Jio Financial Services Share Price NSE

Rs 242.50, increasing at a rate of 5.39%, with a day range of 229.40 to 246.00 and a 52-week Range of 202.80 to 266.95. 

2. Jio Financial Services Share Price BSE

Rs 242.45, increasing at a rate of 5.37%, with a day range of 229.35 to 245.95 and a 52-week Range of 204.65 to 278.20.

Jio Financial Services Share Price Target 2023

Even if the year is about to end, it is expected that Jio Financial Services' share price will range between Rs.250 and Rs.280. It is anticipated after witnessing the strong financial performance of the company in H1FY24. Besides, the company's revenue has seen exponential growth every year due to its strong lending and insurance businesses. 

Other than this, Jio Financial Services has always proved its operation efficiency in terms of digital evolvement and better cost management. All these positive aspects will drive the company to continue its growth in the Indian financial market.

Jio Financial Services Share Price Target 2025

On December 5, 2023, Jio Financial Services witnessed a nearly 7 percent surge in its shares, thanks to widespread buying across the market. The stock commenced trading at Rs 231 per share on the National Stock Exchange of India Limited (NSE), compared to the previous day's closing of Rs 230. The counter displayed strong buying activity, experiencing a significant rally of 6.92 percent and reaching a peak of Rs 246 of the day.

As of now, the Non-Banking Financial Company's (NBFC) shares remained firmly in the green, hovering near the day's high at Rs 242. Approximately 5.23 crore shares were traded around the same time, with an average traded price of Rs 238.92.

Over the past two days, Jio Financial Services shares have been on an upward trajectory. With the stock's liquidity deemed sufficient for a trade size of Rs 12.53 crore, the positive momentum is evident.

Jio Financial Services Share Price Target 2030

On the basis of company's financial reports, Jio Financial Services' share price may range between Rs 550 and 600 in 2030. The company's growth in revenue and profitability are accounted for by targeting this price.

At the same time, Jio Financial Services is driven by its trusted and powerful market position as well as customer loyalty, which will remain unchanged in the coming years. Additionally, the company stays digitally innovative, matching the pace and evolving with the trends. Thus, targeting this price range won't be an exaggeration.

According to a report, Jio Financial Services will emerge out as one of the promising digital finance services of the country, encompassing 60% of the adult population by 2025. It will contribute to the growing acceptance of digital financial services in India.

Since Jio Finance focuses on three major concepts- affordability, user-friendliness, and customer-centric financial plans, it will grab more trust from Indian consumers who are constantly looking for seamless financial solutions to fulfill the financial needs of the business in a fuss-free manner. 

Jio Financial Services Share Price History

Below is Jio Financial Services Share Price History for a month. 

Here is Jio Financial Services Share Price History for four consecutive months-

Top 3 Share Prices in India

As of 5th December 2023, the most expensive share price in India is of MRF Ltd, or Madras Rubber Factory Ltd, with Rs 1,11,506.65, followed by Page Industries Ltd and Honeywell Automation India Ltd.

Based on the stock price, here are the top 3 share prices in India with their company name-

Some Major to Know Learn

• Jio Financial Services is a subsidiary of Reliance Industries Limited.
• The company was renamed as Jio Financial Services Limited from Reliance Strategic Investments Limited in July 2023.
• The market value of JFS is Rs 1.6 lakh crore, which accounts for being larger than giants like Mahindra Finance, Cholamandalam, Muthoot, LIC Housing, etc.
• It is the third-largest NBFC by market cap. 

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Frequently Asked Questions

1. What is Jio Financial Services share price today?

On 5th December 2023 (15:30), Jio Financial Services' share price was 242.15 INR. 

2. What was Jiofin's previous name?

It was previously named Reliance Strategic Investments Limited; however, it got its name as Jio Financial Services Limited in July 2023.

3. Who is eligible to take a loan from Jio Financial Services?

Both salaried and self-employed individuals aged between 21 and 60 years can apply for loans from Jio Financial Services Limited.

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Conclusion 

Jio Financial Services is one of the promising and trusted companies that small and medium enterprises and individuals can rely on for financial fulfilment. The company’s transparent, customer-centric, and affordable financial plans make it reliable for digital customers.