After the demerger from Reliance Industries, the Jio Financial Services stock was listed at Rs. 265. After the listing, the stock started falling and multiple lower circuits hit for a few days. As of 12 Sep 2023, the stock is trading above approx 17% from its all-time low. According to the experts, previous strategy, and data the analysts and investors expect a big Jio Financial services share price target in 2024, 2025, and upcoming years.
As Jio has data on a large number of people of India. According to some websites, Jio has data of 43 – 44 Crore people of India. It means these people are using Jio SIM. With the help of these Data of users, Jio Financial Services can easily sell its services and products at the very low cost of marketing.
Many experts expect the same thing in the next few years we can see a strong rally once the Company starts getting good results from its business model. In the future, Jio Financial Services company can be also involved in many businesses.
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About Jio Financial Services
Jio Financial Services was listed in the market on 21 Aug 2023. The company has a demerger from Reliance Industries Ltd.
Jio Financing Services Ltd is a non-banking financial service provider in India. Jio Finance provides a lot of services like insurance, payments, mutual fund services, loans, and many more services. More services can be also added with time.
There are also a lot of subsidiaries like Reliance Industrial Investments and Holding Limited, Jio Industrial Management, Reliance Retail Insurance, Reliance Retail Finance, Reliance Payments, and more…
We recommend you check their office website for more information in detail. As the company is new, enough data is not available. Once we get the data we will add more information here.
Company Fundamentals
From the fundamentals, you can know about the company in detail like the strength of the company, the right value of the company, the position of company among the all companies of the same sector, financial statements, growth of the company, and many more.
Most probably you are a retail investor, It is highly recommended to do a fundamental analysis by yourself of the stocks in which you are investing or already invested. In case, you know how to do a fundamental analysis of companies you can learn it from the Internet.
Note: The fundamentals of the Jio Financial Services company were last updated on 12 Sept 2023.
Revenue Growth (Last 5 Years)
| Year | Revenues (In Crores) |
|---|---|
| March 2019 | -104.94 |
| March 2020 | 349.25 |
| March 2021 | 310.81 |
| March 2022 | 184.26 |
| March 2023 | 44.84 |
Quarterly Results (Last 5 Quarters)
| Quarter | Total Income (In Rs. Cr.) |
|---|---|
| Jun 2022 | N/A |
| Sep 2022 | N/A |
| Dec 2022 | N/A |
| Mar 2023 | N/A |
| Jun 2023 | N/A |
Company Essentials
| Title | Value |
|---|---|
| MARKET CAP | Rs. 1,56,290.79 Cr |
| ADVANCES | Rs. 0 Cr. |
| NO. OF SHARES | 635.33 Cr. |
| P/E | 5000 |
| P/B | 6.5 |
| FACE VALUE | Rs. 10 |
| DIV. YIELD | 1737.07 % |
| BOOK VALUE (TTM) | Rs. 37.86 |
| OPERATING REVENUE | Rs. 41.63 Cr. |
| NET PROFIT | Rs. 31.25 Cr. |
| EPS (TTM) | Rs. 0.05 |
| SALES GROWTH | -71.99 % |
| ROE | 0.31 % |
| ROCE | 0.37 % |
| PROFIT GROWTH | -81.40 % |
Shareholding Pattern
| Held By | Holding % |
|---|---|
| FII | N/A % |
| DII | N/A % |
| Public | N/A % |
| Promoters | N/A % |
| Other Holders | 0.0 % |
Thumb Rules for Investing
Just by doing fundamental analysis, anyone cannot book maximum returns on the stocks. Based on the investors’ experiences a few basic rules become the t rules for investing. In short, most retail investors or newbie investors make the below mistake as a result they do not get the maximum return on their investing.
These rules apply to the maximum sectors’ stocks. If you are new in the market or don’t have enough knowledge you should follow the rules to make your self psychology strong.
Rule #1: Do not invest all the money in one sector’s stocks. No matter what is the future of the sector. In case you invested all the money in one sector, if the sector faces any issue, you’ll be in a huge loss.
Rule #2: Invest a maximum of 5% – 6% of the total money in any stock. Suppose you have Rs. 1 Lakh the invest only 5000 – 6000 in any stock. This rule is applicable when you are retail, and can not track all the stocks.
Rule #3: Invest in a maximum of 2-3 stocks of a sector. When any sector faces problems then other sectors’ stock will save you from huge losses.
Rule #4: Invest in stock when the stock the available at a 10% low from its 52-week high. Some people invest in stocks at high, and as a result, they do not get good returns on their investments.
Rule #5: Invest in stocks for at least 5 – 7 years to get very high returns. Keep booking the profit from time to time.
Rule #6: Keep averaging the stock if everything is right in the company and the stock is available at a high discount due to any market crash.
Rule #7: Before Investing in any stock make sure you check its fundamental and related news. It will help you to stay away from the stock which can give you huge losses.
Jio Financail Share Price Target
Bajaj Finance is the tough competition of Jio Financial Services Limited. As of now, Bajaj Finance has approx 45% market share in this field. It will be very hard for Jio Finance to capture the market share. Not only Bajaj BajaFinance there are also many companies who are working well in the field.
As Jio have already data of millions of people in India with this data they can simply promote their products and services to users very easily. As a result, they can make their place in this field but these things are not going to happen very soon. It will take a very long time.
Disclaimer: We are not SEBI registered. The post is only for educational purposes not for any investing advice. Do your own analysis or ask your financial advisor before investing. We will not be responsible for any loss or profit.
Jio Financial Services share price targets
Jio Financial Services has a lot of advantages to capture the market share in this field and most probably they can do it but it is going to take a huge time.
As of now, there are no data available like fundmats and technical charts. There is Only the business model of the company is available and on this basis, it is very hard to share the target price of Jio Financial Services share price.
Once the data is available we will start sharing the targets for the future of the stock or company.
FAQs
According to the business model and the data they have of users it is a very good stock for the long-term to capture the market share as well. The big competitor of the company is Bajaj Finance which has approximately 45% of the market share in this field.
As of 26 August the stock is trading near 214 but there is a very high chance with the market capture of the company the stock price will also go very high. For long-term investments, the stock can be good.
As of now, the stock is hitting multiple lower circuits every day. So, buying at this level and this price can be a reason for some losses. In these types of conditions, SIP is always best.
Final Words: Jio Fincnail services are just listed in the market and can have a huge potential to give very high returns in the long term. There is also very tough competition in the industry but Jio has data of millions of users and they can use these data to promote their services and products very easily. As of now, it is hard to share Jio Financial’s share price target as not enough data is available to analyze.