Jio Financial Share Price Target 2024, 2025, 2030 to 2050

Today in this article, we are going to give you basic information about what is going to be the jio financial services target price target in 2024, 2025, 2030, 2050. We researched the company’s growth rate, an estimated share price target etc. and consulted stock market experts on this.

jio financial services Ltd company is a company of Reliance Group, with the help of this article we are going to know in detail about the company’s future growth, stock market value and the company’s current service. If you also think about investing in jio financial services Share, then read the article completely, you are going to get a correct and better information about Jio Financial services Share Price Target. So let’s take a look at Jio Financial services Share price Target 2024, 2025, 2027, 2030, 2040, 2050.

What is Jio Financial Services Limited Company?

Jio Financial Services (JFS) is a separate part of the country’s most trusted group Reliance Industries. Jio Financial Services Limited changed its name to Reliance Strategic Investment Limited in July 2023. This company is a (NBFC) non-banking financial company which provides its services in the financial market such as .

1. Insurance Plan – like bike insurance, car insurance and health insurance plan.
2. Digital Banking – In this the company provides banking related services.
3. UPI Payments – The company has also launched its own app .

This company is a holding company of Reliance Industries – Jio Finance Limited (JFL), Jio Insurance Broking Limited (JIBL), and Jio Payment Solutions Limited (JPSL) and operates its financial services business through joint ventures such as Jio Payments Bank Limited (JPBL).

These are the board members and directors of the company like –

1. Mr. Kundapur Vaman Kamath ( Independent Director and Non-executive chairman )
2. Ms. Isha M. Ambani ( Non-Executive Director )
3. Mr. Rajiv Mehrishi ( Independent Director )
4. Mr. Rajiv Mehrishi ( Independent Director )
5. Mr. Sunil Mehta ( Independent Director )
6. Mr. Bimal Manu Tanna ( Independent Director)
7. Ms. Rama Vedashree ( Independent Director )
8. Mr. Anshuman Thakur ( Non-Executive Director )
9. Mr. Hitesh Kumar Sethia ( Managing Director & Chief Executive Officer )

About Jio Financial Services Limited Company ?

Jio Financial Services Limited Company is listed on NSE (National Stock Exchange) and BSE (Bombay Stock Exchange). The company is headquartered in Mumbai, Maharashtra. Talking about the major services of the company, it includes providing loan and payment solutions, retail finance, banking, insurance and digital banking, mutual funds.

Jio Financial Services Limited has started its services in life insurance, health insurance etc. This company will be marked as the launch of Reliance’s first banking digital service in Indian history. This company will greatly help India’s emerging economy to reach a new level in digital services.

Jio Financial Share Price Target 2024, 2025, 2027, 2030, 2040, 2050

When Jio Financial was separated from Reliance, at that time a large number of investors started selling this stock. On 21 August 2023, the stock of Jio Financial was listed in the stock market at a price of ₹ 260. Similarly, lower circuits kept appearing continuously in this stock for 1 week.

If you invest in Jio Financial Service shares for the long term, then there is a strong possibility of getting good returns. The company is expanding its services very rapidly, as was being reported in the news some time back, very soon the company will work together with the world’s most renowned company BlackRock in a mutual fund. BlackRock is the world’s largest asset manager. Jio Financial Service share price from 2024 to 2050, if stock market experts are to be believed, then Jio Financial share price target can reach the highest position in the financial sector. Let’s take a look at the Jio Financial share price target 2024 to 2050.

Also Read Now – bajaj Auto Share Price Target

Jio financial services target price 2024

According to stock market analysts, the main reason for investing in Jio Financial Services stock is to get a good financial benefit from this stock. Currently, the company’s banking services include personal loans, home loans, educational loans and insurance policies along with other types of financial services, so that the company’s profit can increase and the business can expand in different areas.

Jio Financial Services Target Price 2024 The price target of this stock has also seen a rapid increase, on 8 December 2023 the stock price was ₹ 250.15 but today (02/06/2024) at 3:30 pm the price became ₹ 344.35. In recent times, the Reserve Bank of India has banned Paytm and many NBFCs, due to which the company is going to have good growth in the future in its digital and non-banking services. Jio Financial Share Price Target 2024 Forecast, the first price target is ₹ 350 and the second price target is ₹ 380 and the third price target can be seen up to ₹ 410 in 2024.

Jio financial services target price 2025

In the coming times, the most important part of the company is going to come from the banking sector. With the help of digital banking, people will be able to access all banking facilities for themselves just by using their mobile phones online or with the help of Jio banking app. With the help of Jio app, people will be able to open bank accounts, take loans, deposit money in their bank accounts, etc. without going to the bank, sitting at home with the help of digital banking. After the arrival of all these facilities, most people will use only Jio Financial Services Limited, so the company will soon become one of the largest private banks in the country.

For some time, we got to see limited growth rate of Jio Financial Services Limited because this stock has recently separated from its patent company Reliance Industries. But in the coming time, the company will move forward very fast. Where in March 2022, the total assets amount of the company was ₹ 2,228 crores, but in March 2023 this amount became ₹ 24,803 crores. The company is investing more and more money in its business to get more profit from its business. If we look at the forecast of Jio Financial share price target 2025, then the first price target is ₹ 440 and the second price is ₹ 490 and we can see the third price target above ₹ 520.

Jio financial services target price 2027

We all know very well that Jio Financial Services is a small part of Reliance Industries, so the promoter holding pattern of this company is very good. The promoter holding pattern of the company is 47.10% which is considered very good for the growth of the company. Reliance Industries has a good track record in the stock market, this company has made good money for its investors. In today’s time, Nifty is also trading at its lifetime high, due to this many investors want to invest in Jio Financial Services share price target and the stock has the ability to give very good returns to its investors in the future.

The most important business area of ​​Jio Financial Services Limited is Mutual Fund. With the help of Mutual Fund, the profit of the company can increase manifold. The company’s profit margin is currently 55.34%. The company is also more capable of getting profit because the company has no shortage of money. If the company incurs losses in the future, it will get investment from its parent company. Moving forward, if we look at the share price forecast of Jio Financial Services share price target 2027, the first price target is ₹ 820 and the second price target is ₹ 850 and if we talk about the third price target, it can easily reach ₹ 880.

Jio financial services target price 2030

If we look at the financial performance of the company, the company’s PE Ratio is 136.29, P/B Ratio is 1.57 and Book value is ₹38.46 which are very positive signs of the company’s growth. The company’s revenue growth is also very good. As the company is expanding its business across the country, in future the company will give good returns to its investors. The share of foreign investors in the company is 19-40% which is a very positive aspect for the company’s growth. In future, many foreign investors can also invest in this stock.

If we look towards the future, Jio Financial Services Limited can become a big name in the financial market and mutual fund industry. At present, people are preferring to invest money in mutual funds instead of keeping money in the bank. In future, if Jio Financial Services Limited partners with BlackRock, then no one can stop it from becoming a leader in the financial market of India.

If we talk about the forecast share price of this stock, then it depends more on how the company performs in the future. If an investor wants to invest in this stock for a long period, then it will give good returns to the investors. Jio Financial Services share price target can be 2030, first price target ₹ 1310 and second price target ₹ 1380 and the third estimated target can be up to ₹ 1430.

Jio financial services target price 2040

Currently, Jio Financial Services is rapidly working on its app and services. Some time ago, the company launched its own Jio app. With the help of this app, you can avail personal loan, pay all your bills, with this Jio app, you can open a zero balance account from your home. This market is huge. If Jio is able to capture it well in the future, then nobody can stop it from becoming a big market.

Jio company net profit growth was ₹31 crore in March 2023 which increased to ₹382 crore in March 2024. Operating revenue amounted to ₹134. crore in December 2023 which increased to ₹141. crore in March 2024. If we look at Jio Financial Services share price target 2040 forecast, the first price target can be ₹2,150 and the second price target can be ₹2,200 and the third price target can be ₹2,250.

Jio financial services target price 2050

Jio Financial User ID Price 2050 If everything is due to the misalignment of the company, then this stock can make you rich. This company is slowly expanding its presence in the banking and stock market, in recent times you must have heard in your news that the largest company of Jio Financial Services is going to enter into a multiple fund partnership with BlackRock. BlackRock is the world’s largest asset manager, with assets worth $10 billion as of December 31, 2023. BlackRock company has 78 offices in 38 countries and it has clients in 100 countries. You may be unaware of how much potential is present in this stock.

So far we have understood the business model of the company regarding Jio Financial Services target price and accordingly we have estimated what could be the Jio Financial Services target price in 2050. The first price target could be ₹2,550 and the second price target could be ₹2,700 and the third estimated target could be up to ₹2,950.

Jio financial services Shareholding Pattern

Company Financial Reports

How To Buy Jio Financial Share?

To buy Jio Financial shares, you can easily buy shares of Jio Financial Services by using the trading platform of many stock brokers.

The names of most trading platforms for buying Jio Financial shares are given below.

1. Groww App
2. Phonepe. Share Market App
3. Angel One App
4. Dhan App
5. Upstox App
6. Zerodha App

Types of Investors and Ratio of Jio Financial Services Shares

There are mainly four types of investors present in Jio Financial Services Shares.

Promoter Holding (47.10%)

The Promoter Holding means how much capital is invested by the promoter (owner of the company) of the company through total capital. Promoter Holding Capacity for Jio Financial Shares is (47.10%).

Public Holding (20.70%)

The Public investor is a person who invests in public market (big and small companies) to get profit in future. Public Holding Capacity for Jio Financial Shares is (20.70%).

FII (Foreign Institutional Investors) 19.40%

Foreign Institutional Investors are large companies that invest in different countries. FII for Jio Financial stock is 19.10%.

DII (Domestic Institutional Investors) 12.70%

Domestic Institutional Investors (such as insurance, companies and mutual funds) that invest in their own country. DII for Jio Financial stock is 14.52%.

Advantages and Disadvantages of Jio Financial Services Share

Every share has some advantages and some disadvantages. Jio Financial Services Share also has some advantages and disadvantages, which are detailed below.

• Advantages

The book value of the company has increased in the last 2 years, which is a good thing for the growth of the company. Jio Financial share price target has also increased over time. No shares of the company have been pledged which is a very positive sign for the growth of the company. The company does not have any debt, which will help the company in its growth.

• Disadvantages

Jio company has a share return on equity (4.50%) which is very poor, it has a negative impact on the growth of the company. PAT margin rate is also poor, which has a very negative impact on the growth of the company.

Conclusion

Hopefully, www.Moneymintidea.com will help you to get some basic information idea about Jio Financial services Share Price Target. Since Jio Financial Services Ltd is related to the financial sector. So the demand of this sector also increases which helps the stock to gain profit in future.

(Disclaimer :- The above article is for informational purposes only, and should not be construed as any investment advice. Money Mint idea suggests its readers/viewers to consult their financial advisors before making any money-related decisions.)