On 23 Feb 24, Jio Financial Services has skyrocketed through the Rs 2 lakh crore barrier after gaining 10% in a single day. The share has gained almost 21% in last 5 trading days and it has gained 42% this year alone, reaching an incredible Rs 335, the momentum is unstoppable, propelling its market cap to a mind-blowing Rs 2.08 lakh crore.
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Impact On Reliance Industries Limited
Reliance Industries (RIL) isn’t one to be left in the dust. Surging to an all-time high of Rs 2,989, RIL proves it’s a titan in its own right, boasting a colossal market cap of Rs 20.05 lakh crore.
Jio Financial Services
But it doesn’t stop there. Jio Financial is gearing up for an epic showdown in the lending arena, unveiling two game-changing products: ‘Device-as-a-Service’ and ‘supply-chain financing,’ poised to revolutionize the industry.
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