Investors and financial enthusiasts alike are keeping a keen eye on the trajectory of Jio Financial Services Share Price Target, the financial arm of the conglomerate Reliance Industries Limited. Let’s overview share price targets for Jio Financial Services, analyzing the period from 2023 to 2030 with a focus on the Jio financial share price, the share price chart, and the initial public offering (IPO) price.

Jio financial services IPO price

The financial services firm’s shares initially went up by about 9% to reach a high of Rs 267. Later, at 2:50 pm on the BSE, they were trading at Rs 252.75. On the NSE, the shares were at Rs 253.10 after reaching a high of Rs 266.80. A significant number of shares, more than 95 million, were traded on the NSE, exceeding last week’s average of 73 million.

Jio Financial Services (JFS) got listed on August 21 at Rs 265 on the BSE and Rs 262 per share on the NSE, slightly higher than its discovered price of Rs 261.85 apiece.

What is Jio Financial Services Ltd Company?

Jio Financial Services (JFS) Ltd Company is a separate part of Reliance Industries. Jio Financial Services Ltd changed its name from Reliance Strategic Investment Limited in the year 2023, July. The company is a nonbanking financial company that’s become an important part of the financial industry. The chairman name of the company is Mr. Mukesh Ambani.

Overview About Jio Financial Services Ltd Company

Jio Financial Services Ltd Company is included under the BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). The company’s headquartered is situated in Mumbai. The main function of the company is to provide loans to people and businesses and provide payment solutions, retail finance, banking, insurance, and digital banking, mutual funds services.

Jio Financial Services Ltd Company also launched some insurance facilities like life insurance, health insurance, etc. In the Indian story, the company will be marked as the beginning of the first digital institution. The company also reaches our Indian economy to a new destiny.

Annual Performance Of Jio Financial Services Ltd Company

Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. Jio Financial Share Price Target also depended upon the ratio which is described below.

PE Ratio (Price To Earning Ratio)

PE Ratio is calculated by Market price per share Earning price per share. It means the number of times investors are ready to pay as compared to earnings time. Jio Financial Services Ltd has a PE ratio of 5112.23, which is high.

Return on Assets (ROA)

ROA is calculated by Profit After tax ÷ Total Assets. ROA is influenced by 2 factors, return on sales and asset turnover. Jio Financial Services Ltd has an ROA of 0.36% which is very low.

Current Ratio – Jio Financial Services Share Price Target

The current Ratio is calculated by Current Assets ÷ Current Liabilities. Jio Financial Services Ltd has a current ratio of 31.23.

Return On Equity (ROE)

ROE is measured by = Net profit ÷ Average Share holding equity. Jio Financial Services Ltd has an ROE of 0.32% which is poor in rate.

Jio Financial Share Price Target 2024, 2025, 2027, 2030

The Jio Financial Share was enlisted under the stock market at ₹260, on 21st August 2023, after being demerged from the reliance industry and huge selling of the share, the share started to fall a little bit with the lower circuit in the short-term process. Due to the stock’s huge selling, Jio Financial Share Price Target started falling continuously.

But in the long term process, the share will increase (approx within 6 months) for digital financial services and huge market holding capacity. Jio Financial is a part of the Reliance Industry which has strong market value and a strong data-saving process which will be more looking forward. According to expertise from 2023 to 2030 Jio Financial Share Price Target may reach the highest position in the financial sector. Let’s have a look at Jio Financial Share Price Target 2024 to 2030.

Jio Financial Share Price Target 2024

According to the analyst, the main factor of Jio Financial Share to invest in the stock market is to gain double financial profit. Personal loans, home loans, educational loans, and other types of financial services are included under the company to increase profit and spread business in different sectors.

Jio Financial Share Price Target also increased rapidly, on 7th December 2023 the share price rate was ₹249.15 but today (23/02/2023) the price became ₹335.00 at 3:30 pm. In recent times all industry also changed their rules day by day to become more dependent on digital non-banking processes, in the future that will be a great way for the company’s growth. The forecast of Jio Financial Share Price Target 2024, the 1st Price Target is ₹340 and the 2nd Price Target is ₹410.

Jio financial service Share Price Target 2023 to 2030 table

Jio Financial Share Price Target 2025

One of the most important parts of the company is starting the net banking process. In this process, the people will be able to reach all banking facilities through an online app on a mobile phone. People also be able to open and close banking accounts, take loan facilities, can deposit money in a bank account all of these facilities can be without physical presence in the bank. For all of those facilities, most people appreciate Jio Financial Services Ltd.

In recent times Jio Financial Services Ltd company’s growth has been limited because it recently demerged from Reliance Industry. But in the future, the company will grow rapidly. The total assets amount of the company in March 2022 was ₹2100.12 Crore but on March 2023 the amount became ₹2412.25 Crore. To gain more profit company also invests more assets. If we look at Jio Financial Share Price Target 2025 forecast the 1st Price Target is ₹470 and the 2nd price is ₹500.

Jio Financial Share Price Target 2027

As the company is a part of the Reliance Industry the promoter holding pattern of the company is very good. The promoter holding pattern of the company is 48% which is a very positive sign for the company’s growth. As the Reliance Industry has a good position in the market for this reason many good investors want to invest in Jio Financial Share Price Target and the share always gives good returns to the investors.

One of the important of Jio Financial Services Ltd is mutual funds. Through mutual funds facilities, the company can get a huge part of the profit. The net profit amount of the company is 33%. The company is also able to gain profit because the cash flow amount of the company is very good. The company can invest money if the company runs a loss or profit amount. If we look share price forecast of Jio Financial Share Price Target 2027, the 1st Price Target is ₹810 and the 2nd Price Target is ₹840.

Jio Financial Share Price Target 2030

If we look at the financial performance of the company the company has a PE Ratio of 5112.23, a P/B Ratio of 8.17, and a Book value of ₹37.25 which are very positive signs of the company’s growth. The revenue growth of the company is also very good. As the company spreads its business all over the country the FII investors of the company are also 19-20% which is a very positive side for the company’s growth many foreign investors are also interested in investing in this share.

If we look at the future Jio Financial Services Ltd can be a great part of the financial and mutual fund industry. People are getting more interest in the mutual funds industry. Through the data-saving process and customer holding capacity of the Reliance Industry, the company can get a better position in the finance market.

All the forecast share price about the share depends upon the company’s overall performance. if anyone wants to invest in this share on a long-term basis it must give good returns to investors. Jio Financial Share Price Target 2030, the 1st Price Target is ₹1325 and the 2nd Price Target is ₹1365.

How To Purchase Jio Financial Share?

The most common trading platform for purchasing the Jio Financial Share is described below.

• Zerodha
• Upstox
• Groww
• Angelone

Investors Types and The Ratio Of Jio Financial Share

There are mainly four main types of Investors in Jio Financial Share.

Promoters Holding (48.12%) – Jio Financial Services Share Price Target

Promoters Holding means how much capital is invested by company promoters (owner of the company) through overall capital. For Jio Financial Share promoter holding capacity is 48.12%.

Public Holding (18.26%) – Jio Financial Services Share Price Target

Public Investors an individuals investing in the public market to get profit in the future (large and small companies). For Jio Financial Share public holding capacity is 18.26%.

FII (Foreign Institutional Investors) 19.10%

Foreign Institutional Investors are those big companies that invest in different countries. For Jio Financial Share FII is 19.10%.

DII (Domestic Institutional Investors) 14.52%

Domestic Institutional Investors (like Insurance, companies, and mutual funds) who invest in their own country. For Jio Financial Share DII is 14.52%.

Advantages and Disadvantages Of Jio Financial Share

Every Share has some advantages and some disadvantages. Jio Financial Share also has some advantages and disadvantages which are described below portion.

Advantages

• The book value of the company is increased in the last 2 years which is good for the company’s growth. Jio Financial Share Price Target also increases.
• The company is growing with zero promoter pledges which is a very positive sign for the company’s growth.
• The debt amount of the company is zero which helps the company’s growth.

Disadvantages – Jio Financial Services Share Price Target

• The company has a poor Return On Equity amount (4.50%) which negatively impacts the company’s growth.
• The PAT Margin is poor in rate which negatively affects upon company’s growth.

Share Price Targets 2023-2030

As we peer into the future, the share price targets for Jio Financial Services from 2023 to 2030 indicate a narrative of growth, innovation, and potentially evolving market dynamics. The company’s commitment to digital financial solutions, coupled with its integration into the Reliance Industries ecosystem, positions it as a significant player in the financial services sector.

Read Also: ICICI Bank Share Price Target 2024, 2025, 2026, 2027, 2030

Investors should stay attuned to developments in the financial industry, technological advancements, and regulatory landscapes that may impact Jio Financial Services’ journey. The period from 2023 to 2030 holds the promise of exciting opportunities and challenges, making it imperative for investors to stay informed and adapt their strategies accordingly.

In conclusion, Jio Financial Services is navigating the financial landscape with vigor, and the share price targets present a compelling story of a company poised for growth. Whether through monitoring the current Jio financial share price, analyzing historical trends in the share price chart, or reflecting on the IPO price, investors have the tools to navigate this dynamic journey and potentially reap the benefits of Jio Financial Services’ evolving success.