Jio Financial Services Ltd (JIOFIN)

Jio Financial Services to Disrupt Financial Space - 20 Sep, 2023

Elara Capital predicts Jio Financial Services will be a disruptive force in the financial space, leveraging its wide distribution and huge data. While it has the ingredients to be a potent disruptor, the lending business has its own learning curve, making it tough to replicate the Jio moment. The success of a go-to-market business model is contingent on the flywheel effect.

Mixed Day for Jio Financial Services Ltd. - 19 Sep, 2023

Jio Financial Services Ltd. was granted a GMPCS license by the Department of Telecommunications (DoT) and was among the top losers on Nifty. An Elara Capital report stated that while Jio Financial has potential to disrupt the financial space, it will take time to build up scale.

Jio Financial Services Ltd Loses Ground on Market - 18 Sep, 2023

Jio Financial Services Ltd experienced a decline on the market, with its stock being among the losers on September 18.

Prominent Insurers Sell Shares of Jio Financial Services - 15 Sep, 2023

ICICI Prudential Life, HDFC Life, Tata AIA, and Kotak Life were observed to be offloading shares of Jio Financial Services Ltd worth Rs 558 crore.

Mutual Funds Add Jio Financial Services Shares Worth Rs 3,770 Crore - 13 Sep, 2023

Motilal Oswal MF, Nippon India MF, and Quant MF added a total of 13.18 crore shares worth Rs 3,770 crore to their holdings in newly listed Jio Financial Services.

Jio Financial Services Excluded from Nifty50 and Other Indices - 06 Sep, 2023

Jio Financial Services Ltd's stock was excluded from Nifty50 and other indices due to its failure to hit the price band on consecutive trading days.

Jio Financial Services Excluded From Nifty Indices - 05 Sep, 2023

Jio Financial Services Ltd will be excluded from various indices of the National Stock Exchange (NSE), including the benchmark Nifty 50, effective September 7. The exclusion is due to JFS not hitting the price band on two consecutive trading days.

Jio Financial Services Stock Gains Amid Positive Developments - 04 Sep, 2023

Jio Financial Services stock has gained over 26% in the last five sessions amid positive developments such as a revision in circuit limits and an increase in the price band. The company is expected to be excluded from BSE and NSE indices this week.

BSE Revises Circuit Limit for Jio Financial Services - 03 Sep, 2023

Jio Financial Services Ltd's stock faced pressure and hit a lower circuit before rallying, losing 24.85% during the week. BSE revised its circuit limit from 5% to 20%.

Jio Financial Circuit Filter Revised by BSE - 02 Sep, 2023

The Bombay Stock Exchange has revised the circuit filter for Jio Financial Services Ltd. to 20% from 5%, effective September 4, along with nine other stocks.

Jio Financial Services Shares Removed From BSE Indices - 01 Sep, 2023

Jio Financial Services Ltd's shares were removed from all S&P BSE indices, including Sensex, on September 1st, but its shares rose over 4.5% on the NSE.

Jio Financial Services Stock Set to Exit BSE Indices - 31 Aug, 2023

Jio Financial Services stock gained 5%, may exit Sensex, locked at an upper circuit for three sessions, and will be removed from all BSE indices.

Jio Financial Services Gains Momentum Amid Consolidation Plans and Insurance Entry - 30 Aug, 2023

Jio Financial Services Ltd's stock gains momentum amid consolidation plans for payments infrastructure, entry into insurance segment, and promoter entity buying shares.

Jio Financial Services Gains on Insurance Segment Entry - 29 Aug, 2023

Jio Financial Services Ltd's stock gains over 2% as it enters the insurance segment and partners with Blackrock for asset management.

Jio Financial Shares Rise During Trading Hours - 28 Aug, 2023

Jio Financial Services Ltd's shares rose during trading hours with a 3.82% increase in the morning, followed by a 4% rise later in the day, and a 3.7% climb on BSE.