Jio Financial, a subsidiary of Reliance Industries, saw a strong buying interest in its shares on Tuesday. The stock traded at Rs 223.15 with a 3% increase during the day and closed at Rs 220.25. On Wednesday, the share price of Jio Financial increased by 1.29% to Rs 223.05. The company has been experiencing a bullish trend in its share price recently, providing solid returns to its investors since its listing. On Thursday, the share price of Jio Financial was trading at Rs 222 with a 0.11% decrease. The company is currently in talks with merchant bankers for its first bond issue, aiming to raise Rs 5,000-10,000 crore.
Jio Financial, a part of Reliance Industries, listed its shares on the stock exchange on August 21, 2023, with a listing price of Rs 265 on BSE and Rs 262 on NSE. The shares reached a record high of Rs 278.20 on the same day. However, on October 23, 2023, the share price hit a record low of Rs 204.65. In the September 2023 quarter, the company reported a net profit of Rs 668 crore, a significant increase of 101% compared to the previous quarter.
Jio Financial Share Price on 23 November 2023:
★The share price of Jio Financial company was trading at Rs 223.15 with a gain of 3% on Tuesday.
★At the end of the day, the share closed at Rs 220.25.
★On Wednesday, 22 November 2023, the share price of Jio Financial increased by 1.29% and closed at Rs 223.05.
★The company has been witnessing an upward trend in its share price in the past few days.
★Since its listing, the company’s shares have provided strong returns to its investors.
★On Thursday, 23 November 2023, the share was trading at Rs 222 with a decrease of 0.11%.
★Jio Financial is in talks with merchant bankers for its first bond issue.
★The company is preparing to raise Rs 5,000-10,000 crore through this bond issue.
★Jio Financial shares were listed on the stock exchange on 21 August 2023, after its separation from Reliance Industries.
★The share was listed at Rs 265 on BSE Index and Rs 262 on NSE Index.
★On 21 August 2023, the share was trading at a record high of Rs 278.20.
★On 23 October 2023, the share price of Jio Financial touched a record low of Rs 204.65.
★The company reported a net profit of Rs 668 crore in the September 2023 quarter, an increase of 101% on a quarterly basis.
People Can Find This Information Useful for: Jio Financial Company sees strong buying in its shares, closes at INR 223.05 with a 1.29% increase on Wednesday, 22 November 2023. The company’s shares have been witnessing an upward trend in recent days, providing solid returns to its investors since its listing. On Thursday, 23 November 2023, the share traded at INR 222 with a 0.11% decrease. Jio Financial is in talks with merchant bankers for its first bond issue, preparing to raise INR 5,000-10,000 crore. The company’s shares were listed on the stock exchange after its separation from Reliance Industries on 21 August 2023. Jio Financial is a part of Reliance Industries and was listed at INR 265 on the BSE index and INR 262 on the NSE index. On 21 August 2023, the shares were trading at a record high of INR 278.20. On 23 October 2023, the shares reached a record low of INR 204.65. The company’s net profit for the September 2023 quarter increased by 101% to INR 668 crore.
Disclaimer: This is News Coverage with Opinions of Experts and Should Not Be Taken as Direct Market Buying Tip. Market is always subject to risk. We recommend taking our content as research before investing.
