Are you curious to know what will be the future of Jio Financial Services Limited Company share price? In today’s article we will talk about Jio Financial Services share price target 2024, 2025, 2026, 2030 and 2040 in depth. We will try to provide Jio Financial Services stock price target through technical and fundamentals analysis. Join us till the end of the article.
Jio Financial Services Ltd Overview
Jio Financial Services was established in 1999 as Reliance Strategic Investments Private Limited. In the year 2002, the company was converted from a Reliance Strategic Investments Private Limited company to a Reliance Strategic Investments limited company. And finally in the year 2023 it was renamed as Jio Financial Services Limited.
Jio Financial Services Limited Company is a systemically important non-deposit-taking non-banking financial company (NBFC) registered with the Reserve Bank of India and the CIN number of the company is L65990MH1999PLC120918.
Jio Financial Services Limited is a holding company and its financial services business is managed by its consumer-facing Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL) and joint venture namely Jio Payments Bank Limited (JPBL).
Company Profile
| Name | Details |
|---|---|
| Company Name | Jio Financial Services Limited |
| Company Type | Public |
| Founded | 1999 |
| Founder | Mukesh Ambani |
| Headquarters | Mumbai, India |
| Area Served | India |
| Traded as | BSE: 543940 NSE: JIOFIN |
| ISIN | INE758E01017 |
| Subsidiaries | Jio Finance Limited Jio Insurance Broking Limited Jio Payment Solutions Limited |
| Website | www.jfs.in |
Also Read: Reliance Home Finance Share Price Target
Potential For Jio Financial Services Ltd.
Jio Company which started as a telecom network and now it has become the largest telecom company in India. Mukesh Ambani, the owner of the company, always starts the company in a different way that he can compete with his competitors. Even when Jio SIM cards were launched, users were attracted to their company due to their free 4G network and even today their user base is very large.
Now that the chairman of Reliance Company is going to jump into financial services, he can bring many new ideas to take his company forward. Apart from this, the financial sector works very heavily in India and Jio Financial Services can fully benefit from this.
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Jio Financial Services Share Price Target
Above we have almost got the basic information of the company, on the basis of which it is possible to know in which field and what the company works and it is easy to estimate the future of the company.
Now we will discuss in detail about the stock price target of Jio Financial Services Ltd. To set the target our team does proper research and analysis and then we can set a target. We will see Jio Financial Services Share Price 2024, Jio Financial Services Share Price 2025, Jio Financial Services Share Price 2026, 2030 and 2040 respectively
Jio Financial Services Share Price Target 2024
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2024 | ₹ 390.20 | ₹ 410.10 |
The IPO of Jio Financial Services Limited Company was opened on 21st August 2023. The performance of the stock was disappointing for a few days but after that the stock price gradually started to rise and within a short period of time it made up for it.
From the technical analysis, Jio Financial Services Share Price Target 2024 can be around 390.20 rupees and second target can be around 410.10 rupees possible.
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Jio Financial Services Share Price Target 2025
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2025 | ₹ 451.20 | ₹ 465.50 |
Jio Financial Services Ltd. is run by Mukesh Ambani, one of India’s biggest industrialists, who is always striving to take his company to new heights. Experts believe that Jio Finance can achieve new heights in the future through its management and new benchmarks.
According to our research, Jio Financial Services Share Price Target 2025 can be around 451.20 rupees as a first target and second target can be around 465.50 rupees in the year of 2025.
Jio Financial Services Share Price Target 2026
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2026 | ₹ 526.20 | ₹ 550.70 |
If we talk about companies like Reliance, Jio Network etc., they are now at a new height and in the near future, Jio Finance can also become one of the top companies in India if properly managed.
In the year of 2026, Jio Financial Services Share Price Target 2026 can be around 526.20 rupees. If first target hit before end of the year we can make plan for second target and second target can be around 550.70 rupees.
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Jio Financial Services Share Price Target 2030
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2030 | ₹ 940.30 | ₹ 985.80 |
In the coming times and any company in the competition, it is necessary to adopt new technologies and stay updated with the coming times. In the finance sector, it is very important for the company to win the trust of the people because now there are already big players in it.
From the fundamentals and technical analysis, Jio Financial Services Share Price Target 2030 can be around 940.30 rupees and second target can be 985.80 rupees.
Jio Financial Services Share Price Target 2040
| Year | 1st Target | 2nd Target |
|---|---|---|
| 2040 | ₹ 2290.50 | ₹ 2420.40 |
It is difficult to predict the share price target for the year 2040 because there may be many changes in the finance sector in the coming time and due to this the share price may also be uncertain, however we will make a guess here.
In the year of 2040, Jio Financial Services Share Price Target 2040 can be around 2290.50 rupees and second target can be around 2420.40 rupees.
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Jio Financial Services Fundamentals
For the future growth of any company and to win the trust of the people, it is very important that the fundamentals of the company are strong. Now in the time of technology, people don\’t invest without looking at the company\’s fundamentals, so the company should work more on its fundamentals. If the fundamentals are strong, the investor will invest in the company and with the growth of the company, the share price will also increase and the investor will get a good return.
Let us take a look at the fundamentals of Jio Financial Services Ltd.
| Segment | Details |
|---|---|
| Market Cap | 2,25,990 Cr |
| Sector | NBFC |
| P/E Ratio | 140.91 |
| P/B Ratio | 1.60 |
| ROE | 0.31% |
| ROCE | 0.37% |
| Dividend yield | — |
| Debt to Equity | 0.04 |
| Op. Profit Margin | 118.51% |
| Net Profit Margin | 75.07% |
| ROA | 0.23% |
| Reported EPS | 154.55 |
| EV/EBITDA | -86.24 |
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Jio Financial Services Financial Results
- Dec’23: In the quarterly result of December 2023, Jio Financial Services had a total sale of 134.08 crores of which income was around 70.48 crores.
- Mar’24: In the quarterly result of March 2024, Jio Financial Services had a total sale of 140.51 crores of which income was around 77.48 crores.
- Jun’23: In the quarterly result of June 2023, Jio Financial Services had a total sale of 139.08 crores of which income was around 71.48 crores.
Jio Financial Services Share Price History
We can see in the chart that the price of Jio Financial Services Ltd. is seen falling in the end of the month of August 2023, a few days after its listing on the stock market. Then in the month of September the share price increases but it goes down again and remains unstable till the year 2024. Starting the year 2024, the share price gradually moved up and reached an all-time high of around rupees 394 in May.
It is estimated that the Jio Financial Services share price may touch a new high in the near future.
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Jio Financial Services Shareholding Pattern
- 47.12% : Promoters
- 20.78% : Retail & Others
- 19.45% Foreign Institutions – FII
- 7.92% : Domestic Institutions – DII
- 4.74% : Mutual Funds
Jio Financial Services Next Move
What new steps Jio Financial Services will take in the future is very important for investors. The company is currently working on loan, payment bank, insurance and payment solutions. Here in all the fields of the company there are small sub-types of businesses through which the company can grow at a very good rate. Jio Finance Company is likely to take advantage of this opportunity and that will be its next move.
Risks and Considerations
If we talk about risk, there is always risk in every company because it is impossible to say for sure which direction the company will go in the future or how the market will be. And yes a guess is necessary that in the long run the market goes up but not all companies go up many companies even sink against uncertain challenges with losses. The financial sector is a stricter sector than other sectors as it has to follow the new regulations made by the Reserve Bank of India.
Jio Finance is still a new company and may add new business sectors in the future due to which the share price may fluctuate in the future. The past data of such a new company is not available and no one can know the future. At present the company is showing positivity in the quarterly results so that one can invest in it by taking some risk.
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- Reliance Home Finance Share Price Target
Conclusion
Based on the detailed analysis of Jio Financial Services, it appears poised for significant growth in the coming years, driven by strong fundamentals and strategic expansions in the financial services sector under the leadership of Mukesh Ambani. With promising targets projected for 2024 through 2040, the company\’s robust market presence and innovative approach are likely to attract investor confidence. However, potential risks in the financial sector and market uncertainties should be considered.
FAQs
What is Jio Financial Services Share Price Target in 2025 ?
According to our research, Jio Financial Services Share Price Target 2025 can be around 451.20 rupees as a first target and second target can be around 465.50 rupees in the year of 2025.
What is Jio Financial Services Share Price Target in 2030 ?
From the fundamentals and technical analysis, Jio Financial Services Share Price Target 2030 can be around 940.30 rupees and second target can be 985.80 rupees.
Jio Finance Share Price Target 2025
In 2025, Jio Finance Share Price Target 2025 can be around 451.20 rupees as a first target and second target can be around 465.50 rupees in the year of 2025.
Jio Finance Share Price Target 2030
From the fundamentals and technical analysis, Jio Finance Share Price Target 2030 can be around 940.30 rupees and second target can be 985.80 rupees.
