Jio Financial Services Ltd, once a subsidiary of Reliance Industries (RIL), became an independent entity and started trading on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE) in August 2023. The company offers a range of financial services, including payment services and insurance broking. Its subsidiary, Jio Finance, holds an NBFC license from the RBI, while another subsidiary, Jio Payments Bank, operates as a registered payments bank in India. Jio Financial Share Price on NSE as of 6 September 2024 is 337.75 INR. This article will provide more details on Jio Finance Share Price Target 2024, 2025, 2026, to 2030.
Jio Finance Company Information
Jio Finance Company was established on 22 July 1999. It is headquartered in Mumbai, India. The CEO of Jio Finance Company is Dr. Hitesh Kumar Sethia and its founder is Dr. Mukesh Ambani.
| Company Name | Jio Financial Services |
| Established | July 22, 1999 |
| Headquarters | Mumbai, India |
| CEO | Â Dr. Hitesh Kumar Sethia |
| Founder | Dr. Mukesh Ambani |
| Products | Financial Services |
| Market Cap | ₹2,28,568.16 Crore |
| Face Value | ₹10 |
| ROE | 1.15% |
| P/E Ratio(TTM) | 142.53 |
| EPS(TTM) | 2.53 |
| Debt to Equity | 0.00 |
| P/B Ratio | 1.65 |
| Industry P/E | 19.32 |
| 52 Week High | ₹394.70 |
| 52 Week Low | ₹202.80 |
| NSE Sine | JIOFIN |
| Category | Share Price |
Jio Finance Shareholding Pattern
| Promoters Holding | 47.12 % |
| Public Holding | 20.77 % |
| FII | 19.45 % |
| DII | 12.62 % |
Read Also:-
IDFC First Bank Share Price Target
Current Market Overview Of Jio Finance Share Price
- MARKET CAP: ₹2.14LCr
- OPEN: ₹345.00
- HIGH: ₹345.85
- LOW: ₹336.00
- Current: ₹337.75
- P/E RATIO: 135.63
- DIVIDEND YIELD: N/A
- 52 WEEK HIGH: ₹394.70
- 52 WEEK LOW: ₹204.25
Jio Finance Share Price Today Chart
Jio Finance Share Price Target From 2024 to 2030
Here are the estimated share prices of Jio Finance for the upcoming years, based solely on market valuation, enterprise trends, and professional predictions.
| S. No. | Jio Finance Share Price Target Years | SHARE PRICE TARGETÂ |
| 1 | Jio Finance Share Price Target 2024 | ₹410 |
| 2 | Jio Finance Share Price Target 2025 | ₹565 |
| 3 | Jio Finance Share Price Target 2026 | ₹655 |
| 4 | Jio Finance Share Price Target 2027 | ₹770 |
| 5 | Jio Finance Share Price Target 2028 | ₹875 |
| 6 | Jio Finance Share Price Target 2029 | ₹995 |
| 7 | Jio Finance Share Price Target 2030 | ₹1140 |
Key Factors Affecting Jio Finance Share Price Growth
Here are five key factors that can affect the share price growth of Jio Finance in simple, easy-to-understand language:
- Expansion of Digital and Financial Services: Jio Finance is focused on offering digital financial services. As the company expands its range of services, such as lending, insurance, and payments, more customers may be attracted, boosting revenues and potentially driving up the share price.
- Partnerships and Collaborations: Strategic partnerships with banks, fintech companies, or global financial institutions can positively influence Jio Finance’s growth prospects. Successful collaborations can enhance its offerings and market reach, which can result in a higher share price.
- Adoption of Technology: Jio Finance leverages advanced technology for its services. The faster it adopts innovative financial technologies, such as AI-driven banking solutions or blockchain, the more competitive it becomes, which can lead to stronger business growth and share price appreciation.
- Regulatory Environment: Changes in financial regulations or government policies related to digital payments and fintech can have a direct impact on Jio Finance. Positive regulatory changes or favorable policies may boost investor confidence, leading to a rise in share price.
-
Parent Company’s Influence: Being part of Reliance Industries, Jio Finance benefits from the strong reputation and financial backing of its parent company. Reliance’s performance and growth in other sectors, like telecom and retail, can positively reflect on Jio Finance, supporting its share price growth.
Read Also:-
SEL Manufacturing Share Price Target
I am Ankita Vasishtha, passionate about trading and deeply committed to sharing my knowledge and insights with individuals like you. With a solid understanding of market dynamics and a knack for identifying trends, I strive to empower you with the information you need to thrive in trading.