Jio Financial shares hit lower circuit on debut

New Delhi, August 21 Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5% on the NSE later in the trade. On the BSE, shares...

PTI

Updated At : 11:42 AM Aug 22, 2023 IST

New Delhi, August 21

Shares of Jio Financial Services, the demerged financial services unit of Reliance Industries, listed on the bourses on Monday, with the stock falling nearly 5% on the NSE later in the trade.

On the BSE, shares of the company began the trade at Rs 265, up 1.20% against Rs 261.85, the price fixed at a special price discovery session held last month. However, the stock later fell by 3.85% to hit Rs 251.75 — its lower circuit limit — against Rs 261.85.

Shares of the company listed at Rs 262 on the NSE but later declined 4.94% to Rs 248.90 — its lower circuit limit.

The company commanded a market valuation of Rs 1,59,943.93 crore in morning deals.

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Suggested Articles