Jio Financial Services Share Price Plummets in Strong Selling Pressure 📉
In the early hours of trading on Friday, Jio Financial Services saw its share price drop by 3%, falling as much as ₹372. The company is set to announce its March 2024 quarterly results soon.
Jio Financial Services Shares Close at ₹370 After Signing Deal with BlackRock 📉
On Friday, Jio Financial Services shares closed down 2.22% at ₹370, following a deal signed with the world’s largest asset management company, BlackRock. The deal will see both companies launch wealth management and broking business in the Indian market.
Jio Financial Services Shares Surge 3.49% on Monday 🚀
Following the deal with BlackRock, Jio Financial Services shares soared by 3.49% on Monday, trading at ₹383. The company was recently separated from Reliance Industries Limited and listed at ₹265 per share.
Jio Financial Services Reports 32% Revenue Decline in December 2023 Quarter 📉
In the December 2023 quarter, Jio Financial Services recorded a 32% decline in revenue, leading to a 56% decrease in consolidated profit after tax compared to the September quarter.
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