Jio Financial Limited, a subsidiary of Reliance Industries Limited, saw its shares dip by 3.63% on Monday, reaching ₹270.45 on the Bombay Stock Exchange (BSE). This drop came ahead of the company’s Board of Directors meeting scheduled for January 17, 2025, where they will review and endorse the unaudited financial results for the quarter and nine months ending December 31, 2024.
During the trading session, the stock fluctuated between a high of ₹277.90 and a low of ₹268.80. It has experienced a 52-week high of ₹394.70 on April 23, 2024, and a low of ₹237.05 on January 24, 2024.
Investors and analysts are keenly watching the upcoming financial results announcement, as it will provide insights into the company’s performance and financial health. Any surprises or deviations from expectations could impact the stock price significantly.
It is advisable for investors to closely monitor any developments related to Jio Financial Limited, as the financial results announcement could steer the direction of the stock in the short term. Stay tuned for updates on this story as more information becomes available.