Jio Financial Services Ltd, a subsidiary of Reliance Industries, is poised for significant growth with a projected share price target of ₹576 by 2025 and ₹1375 by 2030. Established in 1999 and headquartered in Mumbai, the company specializes in providing loans, digital banking systems, and mutual funds. With a strong digital infrastructure and financial backing from Reliance, Jio Financial Services is strategically positioned to navigate market challenges and grow steadily in the coming years. Key data includes a market cap of ₹2,28,568.16 crore and a P/E ratio of 142.53.
Jio Financial Services Ltd Company – Basic Information
First, let’s get to know a bit about Jio Financial Services Ltd (JFS), which is a subsidiary of Reliance Industries. The primary business of Jio Financial Services revolves around providing loans to customers and business owners, along with offering various digital products like banking systems, mutual funds, and multiple payment options.
Establishment of Jio Financial Company
Jio Financial Company was founded on July 22, 1999. Initially, it was known as Reliance Strategic Investments Private Limited, but in 2023, the name was changed to Jio Financial Company. The company was incorporated under the Companies Act of 1956, with its headquarters located in Mumbai.
Overview of Jio Financial Services Ltd
Jio Financial Services is listed on both the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). Below is an overview of the company, including key financial data:
Company Overview:
- Market Cap: ₹2,28,568.16 Crore
- Face Value: ₹10
- ROE: 1.15%
- P/E Ratio (TTM): 142.53
- EPS (TTM): 2.53
- Debt to Equity: 0.00
- P/B Ratio: 1.65
- Industry P/E: 19.32
- 52 Week High: ₹394.70
- 52 Week Low: ₹202.80
- NSE Symbol: JIOFIN
Jio Financial Services Share Price Target for 2025
Let’s delve into the share price target for 2025, taking into account the company’s growth trajectory. Below is a table detailing the expected share price targets from 2025 to 2040:
| Year | Jio Financial Share Price Target (₹) |
|---|---|
| 2025 | ₹576 |
| 2026 | ₹725 |
| 2027 | ₹862 |
| 2028 | ₹1047 |
| 2029 | ₹1216 |
| 2030 | ₹1375 |
| 2040 | ₹2104 |
Conclusion
Jio Financial Services, with strong backing from its parent company Reliance Industries, is well-positioned for growth. Its advanced digital infrastructure and financial support from Reliance Industries give it an edge in navigating market challenges. However, as with any investment, it’s essential to conduct thorough research and consider all factors before making a decision.
FAQs
What is the Jio Financial Services Share Price Target for 2025?
The target price for 2025 is expected to be ₹576.
What is the Jio Financial Services Share Price Target for 2026?
The target price for 2026 is expected to be ₹725.
What is the Jio Financial Services Share Price Target for 2027?
The target price for 2027 is expected to be ₹862.
What is the Jio Financial Services Share Price Target for 2028?
The target price for 2028 is expected to be ₹1047.
What is the Jio Financial Services Share Price Target for 2029?
The target price for 2029 is expected to be ₹1216.
What is the Jio Financial Services Share Price Target for 2030?
The target price for 2030 is expected to be ₹1375.
What is the Jio Financial Services Share Price Target for 2040?
The target price for 2040 is expected to be ₹2104.