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Jio Financial Shares Poised for 300 Target Amid Bullish Analyst Sentiment
Jio Financial Shares Poised for 300 Target Amid Bullish Analyst Sentiment
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Jio Financial Services shares surged 11% in the past month, marking three consecutive bullish sessions after recovering from a March low of ₹199. The stock now trades NEAR ₹259, with technical analysts eyeing a near-term target of ₹280-300.
Despite being down 15% year-to-date from its ₹391 peak, long-term projections remain optimistic. Kiran Jani of Jainam Broking leads the bullish chorus, forecasting multi-bagger potential over the next decade as the Mukesh Ambani-backed firm capitalizes on India’s financial services expansion.
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