Jio Financial Services Ltd Sees 10.29 Million Shares Traded Today, Leading Volume Rankings

Jio Financial Services Ltd, a prominent player in the Non-Banking Financial Company (NBFC) sector, has emerged as one of the most active equities today, with a total traded volume of 10,292,382 shares and a total traded value of approximately Rs 32.09 crore. The stock opened at Rs 306.35 and reached an intraday high of Rs 315, reflecting a 2.86% increase from its previous close of Rs 306.25.
Notably, Jio Financial Services has outperformed its sector by 1.75%, marking a significant achievement as it has recorded consecutive gains over the past four days, accumulating a total return of 6.67% during this period. The stock's last traded price stands at Rs 312.70, indicating a 2.06% return for the day, while the sector and Sensex reported returns of 0.31% and 0.41%, respectively.

Despite this positive performance, there has been a decline in investor participation, with delivery volume dropping by 4.4% compared to the five-day average. However, the stock remains liquid enough for trades, with a liquidity level based on 2% of the five-day average traded value sufficient for a trade size of Rs 6.01 crore. Overall, Jio Financial Services continues to demonstrate robust activity in the market, reflecting its strong position within the large-cap segment.