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Jio Financial valued at over $20 bn

New Delhi, July 20 JFSL, the demerged financial services unit of Reliance Industries, was valued at over $20 billion, ahead of Adani Group firms, Coal India and IndianOil. Jio Financial Services Ltd (JFSL) stock was priced at Rs 261.85 based...

PTI

Updated At : 12:25 PM Jul 21, 2023 IST

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New Delhi, July 20

JFSL, the demerged financial services unit of Reliance Industries, was valued at over $20 billion, ahead of Adani Group firms, Coal India and IndianOil.

Jio Financial Services Ltd (JFSL) stock was priced at Rs 261.85 based on the difference between Reliance’s stock price at Wednesday’s close of Rs 2,841.85 and Rs 2,580, its price at the end of an hour-long special pre-market session.

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