Shares of Jio Financial Services are expected to remain in Focus on Monday following company’s Q2 earnings where the company reported a 3% uptick in its net profit to Rs 689 crore for the quarter ended September 2024, versus Rs 668 crore logged in the year-ago period. Revenue from operations in the reported quarter stood … Read more
The second quarter earnings season is underway and 44 companies will announce their numbers for the July-September 2024 period on Friday. Key results to watch out include from Jio Financial, Tata Consumer, ICICI Lombard and ZEEL. Apart from the above, Advik Capital, Best Agrolife, Duncan Engineering, Hindustan Zinc, Indostar Capital, Manba Finance, L&T Finance, Roselabs … Read more
Domestic markets experienced one of the best weeks in 2024 with Nifty and Sensex extending closing at record highs last week. In today’s trade, shares of HCL Tech, DMart, Jio Financial, HDFC Life, Kotak Bank among others will be in focus due to news developments and first quarter results. HDFC Life, Jio Financial, HDFC AMC, … Read more
Apr 21, 2024, 10:24:26 AM IST The past week saw block deals across large, mid and smallcap companies. Among these, 15 were largecap stocks including companies like Zomato, Jio Financial and Infosys. Nuvama reports a detailed list of these deals. ETtech With a block count of 14 and nearly 57.6 lakh of share quantity, a … Read more
The fourth quarter earnings season is underway and it has been a mixed one for the IT sector. While TCS’ fourth-quarter numbers were better than expectations, Infosys missed estimates on revenue and FY25 guidance. On Friday, as many as 15 companies will announce their quarterly numbers with some of the major ones in the mix, … Read more
Benchmark indices edged lower in a volatile trade on Friday. The 30-share BSE Sensex slipped 15 points to close at 73,142 and the broader Nifty closed lower by 4.75 points at 22,212. Stocks that were in focus included names like Sona BLW Precision, which rose 5.9%, Jio Financial, which was up 10.62%, and Vodafone Idea, … Read more
Mukesh Ambani-owned Jio Financial Services has submitted an application to the Reserve Bank of India (RBI) for the conversion of the firm to a Core Investment Company (CIC) from a Non-Banking Financial Company (NBFC). Jio Financial has applied for the company’s conversion to CIC as mandated by the banking watchdog, the company informed exchanges late … Read more
Jio Financial Services, the company which was carved out of Reliance Industries (RIL) and listed on the exchanges on August 21, 2023, saw mutual funds sell shares worth Rs 2,850 crore in September according to estimates given by brokerage house Nuvama. A lion’s share of it was offloaded by SBI Mutual Fund (MF) followed by … Read more
NEW DELHI: After having demerged from incubator Reliance Industries (RIL) last month, shares of Mukesh Ambani’s Jio Financial Services or JFSL will list on stock exchanges BSE and NSE on Monday. Ahead of the listing, the shares of the digital-first NBFC were trading at around Rs 300 apiece in the grey market, higher than the … Read more
Jio Financial Services, the demerged financial services business of Reliance Industries, will begin trading on the exchanges on Monday. Currently, Jio Financial is part of key indices of the BSE and National Stock Exchange, including the Sensex and Nifty 50, at a constant price of Rs 261.8 a share. This price was derived through a … Read more