Jio Financial Services Stock Price: Even though there was a sharp decline in the stock market on Monday, the stock of Reliance Group's fintech company Jio Financial Services Limited has reached a lifetime high. Shares of Jio Financial reached a record high of Rs 359.85 during the day's trade with a jump of about 8 percent during the day's trade. However, at the time of market closing, the stock closed at Rs 355.65 with a gain of 6.51 percent, which is the highest closing level.
Jio Fin shares rose 50 percent in 2 months
In the morning, the share of Jio Financial Services opened at Rs 336.90 and crossing the previous high level of Rs 348, the stock reached near Rs 360. And the stock closed at Rs 355.65. The market capitalization of Jio Financial Services Limited has reached Rs 2.26 lakh crore. On January 25, 2024, the share of Jio Financial was around Rs 240. And in less than two months, the stock has increased by almost 50 percent from this level and with a rise of Rs 120, the stock has reached close to Rs 360. After listing on the stock exchange on 21 August 2023, the share of Jio Financial fell to Rs 204.25 on 23 October 2023. Within just 6 months, the stock has increased by 76.37 percent from the low level.
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