Geojit Research Sticks to Its Hold Rating for Jio Financial Services Limited (JIOFIN)

In a report released today, from Geojit Research maintained a Hold rating on Jio Financial Services Limited (JIOFIN – Research Report), with a price target of INR276.00. The company's shares closed last Friday at INR294.10.
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The analyst consensus on Jio Financial Services Limited is currently a Hold rating.
Based on Jio Financial Services Limited's latest earnings release for the quarter ending June 30, the company reported a quarterly revenue of INR2 billion and a net profit of INR3.13 billion. In comparison, last year the company earned a revenue of INR2.4 billion and had a net profit of INR3.32 billion

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