Shares of this company of Mukesh Ambani came 10 percent from record high, know the reason – mukesh ambani’s jio financial shares slip 10 percent from record high know detail – 2024-03-21 14:58:07

by times news cr

2024-03-21 14:58:07
New Delhi: Shares of Jio Financial, the company of Mukesh Ambani, the richest man in India and Asia, fell by five percent during trading today. It had fallen to Rs 335.65, which is 10.37 percent less than the record high. This share had reached Rs 374.50 on March 12. Last year, Jio Financial was formed by separating it from Reliance Industries. It has Jio Payments Bank. Its subsidiaries include Jio Finance, Jio Insurance Broking, Jio Payments Bank, Jio Payments Solutions, a proposed AMC and a leasing subsidiary. At 3 pm, the company’s shares were trading at Rs 339.25, down about four per cent. Jio Financial recently said in its exchange filing that it subscribed four crore equity shares worth Rs 10 each in its fully owned Jio Leasing Services Limited. Are. Experts say that this company has surprised people in the stock market and it has a lot of potential. If we look at the technical front, immediate support is visible at the level of Rs 325. Resistance may be seen around the zone of Rs 360. According to experts, it can be bought at Rs 325 with a target of Rs 355. In this, stop loss should be kept at Rs 310.

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Ambani’s net worth

Meanwhile, Mukesh Ambani’s net worth declined by $1.12 billion on Tuesday and stood at $110 billion. Ambani remains at number 11 in the list of the world’s richest people. This year his net worth has increased by $13.4 billion. On the other hand, the net worth of Adani Group Chairman Gautam Adani declined by $ 2.04 billion. With this, his net worth dropped to $95.6 billion and he slipped to 15th place in the list of the world’s richest people. This year his net worth has increased by $11.3 billion.

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