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Jio Financial Services stock gains by over 73% in 6 months; what's driving the rally?

Jio Financial Services of Reliance Industries showed upward trajectory in recent months, reaching new record highs. The stock hit ₹394.70 apiece today. The company reported stellar performance in FY24.

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Jio Financial Q4 Results: Net profit rises 6% QoQ to Rs 311 crore

The net profit was Rs 294 crore in the preceding December quarter. For the full year ended March 2024, the financial services company's net profit grew multi-fold to Rs 1,604 crore as against just Rs 31 crore in FY23.

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Mukesh Ambani's Jio Financial Services Share Hits All Time High - Know Target Price

On Friday, Jio Financial Services shares jumped over 10 per cent and touched a new high of Rs 347. The surge propelled the company's market capitalisation on BSE to cross the Rs 2 lakh crore mark for the first time., Companies News, Times Now

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Mukesh Ambani to buy Paytm's wallet business? Jio Financial denies reports

Jio Financial said, “We have always made and will continue to make disclosures in compliance with our obligations.”

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jio financial services shares: Jio Financial Services shares drop over 7% on denying Paytm wallet acquisition talks

Jio Financial shares ended 14% higher on BSE on Monday following a media report stating that Jio has been in talks to buy the Paytm wallet business since November. Citing sources, the report had said as part of a larger bailout plan, Jio may offer to acquire Paytm Payments Bank.

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Mukesh Ambani Aiming for Paytm Wallet? Jio Financial Services Share Price Rise

Jio Financial Services Share Price: According to BSE data, at 1 pm, shares of Jio Financial shares are trading at Rs 283.25 with a rise of 12 percent while, during the trading session, the company's shares level reached a rise of more than 14 percent and reached a 52-week high of Rs 289.70.

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Jio Financial Services: KR Choksey advises buying the stock, sees 24% upside – 3 key reasons

KR Choksey believes that the focus on the consumer lending segment and the wide customer base of Reliance Jio and Reliance Retail will drive Jio Financial Services' growth.

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Jio Financial Services shares up after Reliance firm files mutual fund papers

Mukesh Ambani's Jio Financial Services has been up by around 3 percent after the firm announced its mutual fund application.

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Jio Financial Services Q2 Results: Net profit doubles to Rs 668 crore

The company which was listed in August rode on a Rs 217 crore of dividend income during the quarter which increased total income by 47% to Rs 608 crore from Rs 414 crore in the quarter ended June 2023. Expenses increased 31% to Rs 71 crore from Rs 54 crore a year ago largely due to a one and a half times increase in employee expenses to Rs 31 crore from Rs 12 crore in June.

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jio financial services q2 results: Jio Financial Q2 Results: Cons PAT doubles QoQ to Rs 668 crore, revenue jumps 47%

Interest income for the September quarter was Rs 186 crore, compared to Rs 202 crore a quarter ago. Dividend income was Rs 217 crore for the quarter under review, against nil in the June quarter

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