Mumbai News, 27 February 2026: Shares of Jio Financial Services Limited (Jio Finance Share Price), led by Mukesh Ambani, saw a slight rise this morning. On the NSE, the share was priced at 258.80 rupees in the morning, up 1.01 percent from the previous closing price of 256.15 rupees. The share opened at 257.00 rupees at the start of the day, with a high of 258.85 and a low of 255.25 rupees during the day.
On the BSE, the share price remained at a similar level, reaching 258.80 rupees in the morning. While the overall market was mixed, Jio Financial shares showed stability, with a volume of 8.691 million shares recorded.
In the past six months, the share has fallen by 19.88 percent, while the one-year return is only 7.09 percent. The 52-week high is 338.60 rupees and the low is 198.65 rupees. The company’s market capitalisation is 1,62,735.73 crore rupees, with a P/E ratio of 101.56 and a P/B ratio of 1.21. Even though ROE and ROCE are below 2 percent, investors still have interest in the company’s shares.
Jio Financial has invested nearly 2,000 crore rupees in its NBFC arm Jio Credit
Yesterday, on 26 February 2026, the company announced an investment of Rs 1,999.88 crore in its wholly-owned subsidiary Jio Credit Limited (JCL). This investment was made through the subscription of 3,35,71,923 equity shares, with a face value of Rs 10 per share and a premium of Rs 585.70. Jio Credit is an NBFC company, and this amount will be used for business expansion and operations. This investment is likely to increase Jio Credit’s disbursements, which recorded disbursements of Rs 8,615 crore in Q3 FY26, doubling YoY and increasing 30 percent QoQ. This news has received a positive response in the stock market and will boost the company’s fintech expansion.
Against the backdrop of this investment, Jio Financial’s Q3 FY26 results showed a consolidated net profit of 269 crore rupees, which is 9 percent lower than last year’s quarter of 295 crore rupees. However, revenues increased, reaching a total turnover of 901 crore rupees. The company has expanded into asset management, wealth management and broking services through its JV with BlackRock.
Dalal Street analysts and brokers’ opinions on Jo Financial share price target:
Analysts on Dalal Street are positive about the future of Jio Financial. The average target price is 311.33 to 333 rupees, showing a 20-30 percent upside from current levels. The high target is 361 rupees and the low is 305 rupees. Deven Choksi has given a ‘HOLD’ rating with a target of 325 rupees. Wall Street analysts’ average estimate is 311.10 rupees, with a range of 308 to 320.25 rupees.
However, some analysts have given the stock a ‘SELL’ rating, cautioning due to declining moving averages. According to market experts, the company’s NBFC and fintech expansion could lead to long-term growth, but short-term uncertainty remains.
Investors have mixed opinions on X (formerly Twitter). Some have said the intrinsic value of the share is below 100 rupees, indicating a potential ‘big short’ due to low ROE. On the other hand, according to chart analysis, support is between 244-251 rupees, from where a bounce up to 280-300 rupees is possible; otherwise, it could fall to 215 rupees. The BlackRock partnership had seen the share rise by 8.63 percent, reaching a price of 265.65 rupees.
Other news about Jio Financial Services Limited
The company recently expanded its JV with BlackRock, extending into asset management and broking services. Jio Payments Bank bought a 14.96% stake in SBI, increasing the BC network to over 14,000. In Q3, Assets Under Management grew from 173 crore to 10,053 crore. The company participated in Kotak Securities’ ‘Chasing Growth 2026’ meeting. The next earnings are expected on 17 April 2026.
There are opportunities for long-term investors in Jio Financial shares, but be aware of short-term market fluctuations.
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