Jio Payment Solutions is prioritising large enterprises and profitable segments as it seeks to expand in India's crowded digital payments processing market
ACC, Ambuja Cements, India Cements, Bank of Baroda, CESC, Britannia, Crompton Greaves Consumer, Havells, REC, PFC and UPL among others from the Nifty 500 index also touched 52-week lows on Monday.
The Jio Financial Services Limited subsidiary said the launch follows authorisation from the RBI to operate as a Payment Aggregator for Cross-Border transactions
Jio Credit's AUM has crossed ₹30,000 crore and JioBlackRock's ₹21,000 crore as JFS expands lending, investments and insurance through technology and global alliances
Analysts say the opportunity is not about a broad NBFC boom, but about lenders that can build a strong position in borrower segments that traditional banks still largely underserve.
Stocks to watch today: Paytm, Jio Financial Services, SpiceJet, Swiggy, Netweb, Lenskart Technologies, Greaves Cotton, Airtel, Tata Power, among others, will be in focus today.
Muthuselvaraj M, technical research analyst at Mirae Asset Sharekhan says Mahindra & Mahindra, Jio Financial Services and Shriram Finance stocks look favourably placed on the technical charts.
The blue-chip stock with a market cap of ₹1.7 trillion has risen 11 per cent in the last three months. However, it is down 13 per cent on a year-to-date basis.
Aditya Birla Real Estate, Brigade Enterprises, LG Electronics, Page Industries, Solar Industries India, and Tata Motors Passenger are among the companies reporting Q1FY27 results.
BofA will initially acquire 26.5 per cent of Jio Credit, with its holding rising to 49.9 per cent upon exercising warrants, subject to regulatory and statutory approvals
Jio Financial share price remains 16.44 per cent lower for the year so far - set for its worst annual performance since listing in 2023, shows data.
Total income, excluding dividend income, rose 141 per cent YoY to Rs 1,496 crore. Including dividend income, profit before tax more than doubled to Rs 970 crore, up 131 per cent from a year earlier
Jio Financial Q1 today: Analysts largely expect Jio Financial to see continued expansion in its lending and asset management businesses, though some impact on profit is likely.
Rishi Kohli, chief investment officer at Jio BlackRock AMC, said the company intends to introduce at least one more SIF in the equity long-short category within the next year
The joint venture, awaiting regulatory approvals, will combine Jio's digital reach with Allianz's global expertise to expand insurance access in India
Jio Financial's NBFC arm bets on secured lending first, eyes unsecured segments later as it builds scale and strengthens its balance sheet
The selling pressure on the counter came after Jio Financial Services reported its January-March (Q4FY26) results on Friday, after market hours
Stocks to Watch today, April 20, 2026: From HDFC Bank to Trent, here is a list of stocks to remain in focus
The company declared a dividend of Rs 0.60 per equity share of ₹10 each for the financial year ended March 31, 2026
Q4FY26 company results: Firms including Blue Blends (India), National Standard (India), Mastek, and Integrated Hitech are also to release their January-March earnings today