WHAT IS GOING ON IN JIO FINANCE SHARE AFTER Q3 RESULTS?
DEAR FRIENDS, AFTER Q3 RESULTS, IT WAS CLEAR THAT IN JIO FINANCE STOCK, REVENUE, WHICH WAS DUE TO OTHER INCOME, IT MEANS DIVIDEND INCOME, REDUCED SIGNIFICANTLY.
I AM NOT DISCUSSING HERE ABOUT THE AMOUNT.
I AM GOING TO TELL YOU THAT, WHY SHARE FALL AFTER DECLARING THE DECEMBER QUARTER OR Q3 RESULTS?
OBVIOUSLY REVENUE WAS DOWN , SO NET PROFIT WAS AFFECTED BADLY.
AND DUE TO THAT EPS WHICH IS EARNING PER SHARE WAS ALSO REDUCED DRASTICALLY.
DUE TO THAT VALUATION OF SHARES WAS AFFECTED.
THAT WAS THE REASON JIO FINANCE SHARE WAS DOWN ON VERY NEXT DAY AFTER DECALRATION OF RESULTS, OF DECEMBER 2024.
SO IT IS VERY CLEAR THAT WE CAN EXPECT A GOOD INCOME FROM DIVIDENDS OF RELIANCE IN JUNE 2025. SO IT WILL BOOST THE REVENUE OR TOTAL INCOME OF JIO FINANCE.
WHICH WILL LEAD TO INCREASE OF EPS, AND WILL EFFECT SHARE PRICE POSITIVELY.
FOR ANY QUERY PLEASE CONTACT ON JOINDUSTFINANCE@GMAIL.COM