Jio Financial Services Faces Continued Stock Decline Amid Broader Market Weakness

Jan 13 2025 09:35 AM IST
share
Share Via
Jio Financial Services has encountered notable difficulties in its stock performance, with a continuous decline over four days resulting in an overall drop of 8.27%. The stock is currently trading below multiple moving averages, reflecting a bearish trend, and has experienced a significant decrease of 19.36% over the past month.
Jio Financial Services has faced significant challenges in its stock performance, experiencing a decline of 3.06% on January 13, 2025, which is 1.25% worse than its sector's performance. This marks the fourth consecutive day of losses, totaling an 8.27% drop over this period. The stock reached an intraday low of Rs 271.3, reflecting a 3.33% decrease during the session.

Currently, Jio Financial Services is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a prevailing bearish trend. In the broader market context, the company recorded a 1-day decline of 2.39%, while the Sensex fell by 0.81%. Over the past month, Jio Financial Services has seen a substantial decrease of 19.36%, significantly underperforming the Sensex, which declined by 6.55%.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News