Jio Financial Circuit Range : BSE Changed The Filter For Jio Financial, Now The Circuit Will Be of This Percentage

Jio Financial Circuit Range : The Indian Stock Exchange on Saturday changed the circuit filter of Jio Financial Services. The exchange has revised the circuit range of Jio Financial from 5 per cent to 20 per cent. This change made in the circuit filter will be effective from Monday. This information has been given in a notification issued by BSE. The listing of Jio Financial has happened recently in the stock markets.
On September 1, Jio Financial's stock was delisted from BSE Indices. Recently, the financial services business of Reliance Industries was demerged and after that it was renamed as Jio Financial Services.
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Upper circuit was also held on Friday
Shares of Jio Financial also hit upper circuit on Friday. The company's shares closed at Rs 245.15 with a jump of 4.99 percent. This stock has seen a rise of more than 14 percent in the last five sessions. The 52-week high of this stock is Rs 262.05. At the same time, the 52-week low of this share is Rs 202.80.
Everyone's eyes are on this stock
Everyone's eyes are on the shares of Jio Financial Services, a business group led by Mukesh Ambani. The reason for this is that Jio Financial is eyeing to bring big changes in the financial sector of India. In the AGM of Reliance Industries held last month, RIL Chairman Mukesh Ambani had presented the future roadmap of the company.
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This stock can give multibagger returns!
According to Mohit Ralhan, Chief Executive Officer, TIW Capital, there are many such aspects. Due to which the share of Jio Financial Services can become a multibagger stock in the coming time.
(These are personal suggestions/views of the expert/brokerage. They do not reflect the views of Yuva Patrkaar. Please consult your financial advisor before investing in any fund/share.)
Posted Date: September 2, 2023
Publish Date: September 2, 2023
Posted By Ravi Kumar