Jiofin Share Price Target 2024 To 2030 –Â JFSL was primarily registered as Reliance Strategic Investments Private Limited in July 1999 under the Companies Act 1956. JFSL was registered as a company in July 2023. JFSL is an NBFC-ND-SI registered with RBI. The company is a holding company and shall carry business in the financial services sector through its consumer-centric subsidiaries, namely Jio Finance Limited, Jio Insurance Broking Limited, Jio Payment Solutions Limited and a joint venture, Jio Payments Bank Limited.
Jiofin Share Price Current Market OverviewÂ
- Today’s open: 348.60
- Today’s high: 350.45
- Today’s low: 344.00
- Current share price: 344.35
- Market Capital: 2,19,000 Cr.
- P/E : 138.28
- Dividend Yield: –
- 52-week High: 394.70
- 52 Week Low: 204.25
Jiofin Share Price Current Graph
Jiofin Share Price Target Tomorrow From 2024 To 2030
Below are the estimated share prices of Jio Financial Services Ltd. for the upcoming years from 2024 to 2030:
| JioFin Share Price Target Years | Target Price (in ₹) |
| 2024 | 423 |
| 2025 | 575 |
| 2026 | 659 |
| 2027 | 755 |
| 2028 | 865 |
| 2029 | 990 |
| 2030 | 1133 |
Jio Financial Services Ltd. Shareholding Pattern
- Promoters: 47.12%
- Retail and others: 23.38%
- Mutual funds: 4.04%
- Other domestic institutions: 7.89%
- Foreign institutions: 17.55%Â
Jiofin Share Price Annual Income Statement
Below mentioned is the Annual income Statement with the annual graph:Â
Here are the details regarding the annual income statement of Jiofin Share Price.
| (INR) | June 2024 | Y/Y Change |
| Revenue | 4.18B | +3.54% |
| Operating Expense | 790.10M | +81.47% |
| Net Income | 3.13B | -5.81% |
| Net Profit Margin | 74.76 | -9.04% |
| Earnings Per Share | – | – |
| EBITDAÂ | – | – |
| Effective Tax Rate | 21.92% | – |
Risks And Challenges For Jio Financial Services Ltd. Share PriceÂ
The share price of Jio Financial Services Ltd. faces several key risks and challenges:
Regulatory Risks
Changes in regulations and compliance, legal requirements or taxes can have an impact on the expenses and profit potential and even have implications for share value.
Competitive Pressure
The competitiveness of the financial services marketplace is intense due to the competing of various providers who offer similar products and services leading to changes in demand and client s interests.
Operational Risks
Operational problems, which can relate to systems fraud or cybersecurity failure, can damage the company’s reputation and its capital base.
Interest Rate Fluctuations
Changes in interest rates are known to impact the returns on loans advanced and investments, hence, influencing the company’s earned profits.
