On August 21 this stock was listed on stock exchanges. In comparison to its discovery price of 261.85, the stock was listed at BSE share prices of 265 and NSE share prices of 262, respectively. On Friday stock rose up to 2% after 1.65 Cr shares changed hands. 

Jio Financial Services Ltd

Jio Financial Services Ltd., with a market capitalization of Rs. 1,44,854 Cr, falls in the large-cap category. On Friday stock gains up to 2%, at 11:00 a.m., shares were trading 0.1% up at Rs. 227.90 on BSE, which is 17% below the 52-week high.

As per the reports, 1.65 Cr shares changed hands in three large trades which is 0.26% equity at a price range of Rs. 228.20 to Rs. 228.65. Both the buyers and sellers are not known immediately. 

As per the NSE bulk deal data, on August 25, Motilal Oswal Mutual Fund bought 3.72 Cr shares at Rs. 202.80. 

Jio Finacial Services Ltd was founded in 1999 as Reliance Strategic Investment Limited. In 2023 the company demerged from Reliance Industries and was renamed Jio Financial Services. The company operates an investment company and it provides Financial Services. 

Written by Sheshadri N 


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