JFS shares: While the short-term outlook is uncertain due to a lack of clarity about business direction and profitability, the long-term outlook remains optimistic, supported by its robust pedigree and extensive network.
Jio Financial continues slide, likely delaying index removal thehindu.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thehindu.com Daily Mail and Mail on Sunday newspapers.
Shares in India s Jio
Financial Services slid the maximum allowed 5%
for a second straight day on Tuesday, which will likely delay
their exclusion from the country s benchmark indexes. .
JFS shares: G Chokkalingam, Founder at Equinomics Research said existing investors should not worry much as the stock looks reasonably valued. He advised new investors to buy the stock in a staggered manner
JFS: The demerged financial services arm would unlock value for RIL shareholders and "give them an opportunity to be a part of a new growth platform," RIL recently said in its annual report.