Jio finance share

Jio Financial Services Stock Skyrockets - All You Need to Know!

Discover the incredible rise of Jio Financial Services shares and their record-breaking market cap in a nutshell!

Jio Financial Services stock has been on an unprecedented rise, with a staggering 48% surge in the last three months and a remarkable 40% increase year-to-date. The share price reached a record high of Rs 347, marking a 15% jump, leaving investors thrilled. The company's market capitalization has crossed the Rs 2 lakh crore mark, showcasing its immense growth in the market.

Investors are eagerly watching as Jio Financial Services continues its upward trajectory, hitting an all-time high with a 25% gain in stock value. This surge was supported by strong earnings in the December quarter, with a notable net profit reported. The stock closed at Rs 303.85 on NSE, reflecting the company's robust performance.

As the market cap of Jio Financial crossed Rs 2 trillion, it soared by 20% in a single day, with trading volumes witnessing a significant increase. This milestone firmly establishes Jio Financial Services among the top firms on the stock exchanges, with a market cap exceeding Rs 2 lakh crore.

In the latest development, Jio Financial Services shares rallied by an impressive 14.5%, surpassing the Rs 2 lakh crore market cap mark. This significant achievement cements its position as a key player in the financial services sector, driving Reliance Industries Ltd's market capitalization beyond Rs 2 lakh crore for the first time.