TechnologySindujaa D Neditor@indiaherald.comhttps://www.indiaherald.com/ImageStore/images/technology/sports_videos/reliance-and-jios-skyrocketing-success2b20154f-a4fb-4be4-b080-c90fd89cecde-415x250-IndiaHerald.jpghttps://www.indiaherald.com/ImageStore/images/technology/sports_videos/reliance-and-jios-skyrocketing-success2b20154f-a4fb-4be4-b080-c90fd89cecde-415x250-IndiaHerald.jpgJio Financial Services Limited (JFSL), also known as Jio Finance, has achieved a significant milestone by surpassing a market capitalization of Rs 2 lakh crore for the first time. The company's shares, trading under the ticker symbol JFSL, witnessed a robust surge of 12 percent, reaching a record high of Rs 347, marking an all-time high level. The market capitalization of Jio Finance is currently valued at Rs 2.16 lakh crore.Jio{#}Jio;August;Bank;Reliance;Service;SuccessReliance and Jio's Skyrocketing Success.!Reliance and Jio's Skyrocketing Success.!Jio{#}Jio;August;Bank;Reliance;Service;SuccessFri, 23 Feb 2024 16:31:41 GMTJio Financial services Limited (JFSL), also known as jio Finance, has achieved a significant milestone by surpassing a market capitalization of Rs 2 lakh crore for the first time. The company's shares, trading under the ticker symbol JFSL, witnessed a robust surge of 12 percent, reaching a record high of Rs 347, marking an all-time high level. The market capitalization of jio Finance is currently valued at Rs 2.16 lakh crore.

Jio Finance, which was listed on august 21, 2024, has experienced substantial growth, with its shares increasing by 40 percent in the last month alone. The impressive performance has propelled the market capitalization of the company beyond the Rs 2 lakh crore mark. jio Financial services operates through a joint venture with jio Payments bank Limited (JPBL), jio Insurance Broking Limited (JIBL), and jio Payment Solutions Limited (JPSL).


Simultaneously, reliance Industries, the parent company of jio Financial services, has also achieved an all-time high with its shares reaching Rs 2988.80. reliance Industries' market capitalization has surpassed Rs 20 lakh crore, reaching Rs 20.13 lakh crore, bolstered by the positive momentum in its shares. The growth in both jio Finance and reliance Industries reflects investor confidence and contributes to the overall success of the conglomerate.




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Source: India Herald - Sindujaa D N]]>