Jio Financial Services (JFS) is a subsidiary of Reliance Industries Limited (RIL) that provides financial services such as insurance, payments, and asset management.
The company is still in its early stages of growth, but it has the potential to become a major player in the Indian financial services industry.
| Parameter | Value |
|---|---|
| Market Cap | Rs. 1,20,000 crore |
| P/E Ratio | 15.00 |
| Price to Book Ratio | 2.50 |
| Return on Equity | 20.00% |
| Dividend Yield | 1.00% |
Price Target:
Analysts have a price target of Rs. 1,500 for JFS by the end of 2023. This represents a potential upside of over 20% from the current price of Rs. 1,200. The price target is based on the company's strong growth potential, its well-known brand name, and its backing by RIL. JFS is also expected to benefit from the digitization of the Indian financial services industry.
Stop Loss:
A stop loss is an order to sell a stock if it falls below a certain price. This helps to limit losses if the stock price takes a turn for the worse. A stop loss of Rs. 1,100 is recommended for JFS. This would represent a loss of just over 8% from the current price.
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Conclusion:
JFS is a high-growth company with the potential to become a major player in the Indian financial services industry. The company has a strong brand name and is backed by RIL. Analysts have a price target of Rs. 1,500 for JFS by the end of 2023. A stop loss of Rs. 1,100 is recommended.
Important Note: This is just an example of a price target and stop loss for JFS. It is important to do your own research before making any investment decisions."