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Jio Financial Services shares rose 8.63% to Rs. 265.65 on the buzz around the release of a new investment advice platform.
The trading volume of the stock was over 3 crore shares, showing strong investor buying interest.
The BlackRock tie-up signals Jio Financial’s push beyond lending into investment advisory services.
Jio Financial share price rose 8.63% to Rs. 265.6 at press time. The hike came on the company announcement of a new investment advice platform in partnership with BlackRock, the global asset management firm. With a market value of Rs 1,68,612 crore, the company continues to lead in the financial sector.
Let’s explore an in-depth analysis of the Jio Financial share price based on Moneycontrol data.
Jio Financial Services has teamed up with BlackRock, the world’s largest money manager, to launch a new platform for investment advice. It is being hailed as a smart business move by investors as Jio's massive digital reach in India will be combined with BlackRock’s global expertise.
By building this platform, the company is moving beyond basic lending. It wants to help common people manage their money better through expert guidance. For investors, this shows that the company is serious about becoming a one-stop shop for all things money.
The stock opened today at Rs 260.05 and hit an intraday high of Rs 267. This shows that there is a lot of buying interest from both big and small investors.
Jio Financial share price chart on Moneycontrol shows gains of 8.58% at 1.52 PM:
52-Week Range: The stock has seen a low of Rs 198.65 and a high of Rs 338.60.
Valuation: Jio Financial share price was trading at a price-to-earnings (PE) ratio of 104.90 at the time of writing. This may look high compared to the sector average of 181.09. However, it shows that the market expects fast growth in the coming years.
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Today’s nearly 9% jump is great news; however, over the last month, the stock has been down by about 12%. Although looking at the last year, it has actually grown by 13.39%. This tells us that while there are some ups and downs in the short term, the long-term direction has been positive.
Analysts on Moneycontrol seem to agree. The majority have given Jio Financial shares a positive rating, split between ‘Buy’ and ‘Outperform.’ They see the company's move into new areas, like the advisory platform and the recent launch of its sector rotation fund, as signs of a strong business plan.
The Jio Financial-BlackRock partnership is a game-changer. It gives the former the tools to compete with traditional banks and new-age apps. As the company uses its technology to reach millions of users, its ability to earn more profit could improve. With the India-US trade deal boosting stock market sentiments further, Jio Financial share price can reach new highs soon.
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1. Why did Jio Financial stock price rise today?
Jio Financial stock experienced a sharp increase today. This comes after the announcement of its new investment advice platform in partnership with BlackRock. People are reacting favorably to this union, as it pairs Jio’s wide digital reach with BlackRock’s investment experience from around the globe. This should lead to improved growth in the future.
2. What is the current stock price of Jio Financial Services?
On February 3, 2026, Jio Financial Services was selling at Rs. 265.65 at the time of writing. The stock increased by 8.63% during the day, which made it one of the top-performing stocks in the market.
3. How did Jio Financial stock perform today?
The stock opened higher at Rs. 260.05. Throughout the day, it ranged from a high of Rs. 267 to a low of Rs. 256.95. Over 3 crore shares were traded, indicating significant investor involvement across the market.
4. Why is the BlackRock partnership important for Jio Financial Services?
This partnership allows Jio Financial Services to get into the investment advice business. By putting its technology together with BlackRock’s expertise, the company can give better advice to investors and grow its financial services business beyond lending.
5. What is the future like for Jio Financial Services stock?
The stock is showing good strength after the announcement. While short-term movements can change, experts are still positive. This is due to the company’s plans to grow, the increasing use of digital services, and rising investor interest in its future plans.
