Jobaaj Stories
Jio Financial Services Ltd. continues to attract bullish sentiment as the stock climbed nearly 10% in the past month, supported by sustained buying and technical strength. On Wednesday, the stock was last seen trading 1.93% higher at Rs 255.50, marking its second straight session of gains.
For Q4 FY2025, the company reported a 1.61% year-on-year rise in consolidated net profit, reaching Rs 316 crore, compared to Rs 311 crore in the same quarter last year. However, interest income saw a slight dip to Rs 276 crore, while total expenses surged 63.11% to Rs 168 crore, reflecting the ongoing scaling of operations.
Despite rising costs, analysts remain optimistic. Technical experts see the stock heading towards the Rs 280–300 zone, calling dips around Rs 250 a buying opportunity with a strict stop loss at Rs 240. The stock is trading above its 5 to 50-day SMAs but remains below its 100-, 150-, and 200-day averages. The RSI stands at 67.9, indicating it's nearing the overbought zone.
At a P/E ratio of 300.72 and a P/B value of 6.42, the stock reflects high growth expectations. Heavy volumes were noted, with 18.76 lakh shares traded, higher than the two-week average. Market cap stands at Rs 1.62 lakh crore, and promoter holding remains at 47.12%, with Reliance Industries as the parent company.
Disclaimer:
This article is intended solely for informational purposes. Jobaaj Media does not offer financial advice. Readers should consult certified financial professionals before making investment decisions.
