Shares of India s Jio Financial Services dropped 5.4% on Tuesday, a day after the company said its consolidated third-quarter profit fell 56% sequentially. .
Shares of India s Jio
Financial Services dropped more than 5% on
Tuesday, a day after the company said its third-quarter profit
more than halved sequentially, while some investors booked.
Foreign institutional investors net sold shares worth Rs 645.72 crore, while domestic institutional investors bought Rs 77.77 crore worth of stocks on November 20, provisional data from the National Stock Exchange showed.
India's Jio Financial Services in talks for maiden bond issue - bankers - Banking & Finance News financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.
India’s Jio Financial Services is in early talks with merchant bankers for its maiden bond issue, four bankers told Reuters on Monday.The company may look to raise 50 billion rupees ($600.6 million) to 100 billion rupees through the issue and may tap the market in the last quarter of this financial year, the bankers added.Jio Financial, which