JIO FINANCE SHARE Q2 RESULTS PUBLISHED, NOW SELL?
Dear investors, finally today on 16 oct. 2023 , jio finance declared q2 results, profit soars to 100 percent.
Jio finance share analysis
You will note that eps also get double
means from 0.50 to 1.05 .
One thing to be noted that, earning includes other income , in the form of dividend income.
After the latest results, one presentation of future plans also made public by the company.
You can download that from their website.
Now finally we comes to analysis, as you see eps is 1.57 for half year ended on September 2023.
Which means if we expect atleast the same growth in the next 2 quarters too, then it should be 3.2 for this financial year.
If we compare jio finance with its peers, then a price of 122 to 150 suits well to the company.
But it is just based on hypothetical growth in the next 2 quarters.
If company beats the hypothesis, in the next two quarters, and continue to grow with the same pace.
Then we can expect 7.5 of eps, which means price may range from 280 to 290.
Let's see the original growth of the company, and further decisions of management.
These assumptions are just based on hypothesis.
Please consult your research analyst and financial advisor before making any decision in the stock market.