Over the past few days, shares of Jio Financial Services Limited have been making waves in the stock market. On March 3rd of this year, the company's shares had fallen to a 52-week low of ₹199. However, within just a three-month span, the shares have gained a remarkable ₹124. Trading volumes in this counter have also surged significantly over the past few days. On Friday, June 27, Jio Financial Services Limited shares closed at ₹323 on the BSE, up by ₹11. At one point on Friday, the stock had even reached ₹329.
Meanwhile, Jio Financial Limited's market capitalization has surpassed ₹2.05 lakh crore. On Friday itself, SEBI granted approval to Jio BlackRock Broking Private Limited to operate as a stock broker/clearing member. Jio BlackRock is set to offer mutual fund services along with other financial services jointly. The 52-week high for this share stands at ₹363. Market experts estimate that this company's shares have the potential to deliver good returns over the next one to two years.