Jio Financial shares surge 4%, but fall 28% in 2026: Can stock break out of its prolonged downtrend? | Check key levels

Jio Financial Services shares rose nearly 4% after it allotted 12.5 crore shares each to promoter-group entities Sikka P...

By Dhallo News · November 2, 2026 at 10:42 AM IST

Jio Financial shares surge 4%, but fall 28% in 2026: Can stock break out of its prolonged downtrend? | Check key levels

Source: Mint - Markets

Jio Financial Services shares rose nearly 4% after it allotted 12.5 crore shares each to promoter-group entities Sikka Ports & Terminals and Jamnagar Utilities & Power, completing warrant conversions. The allotments lifted combined promoter and promoter-group ownership to 50.98% from 49.13%.

SOURCE: Mint - Markets

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Jio Financial shares surge 4%, but fall 28% in 2026: Can stock break out of its prolonged downtrend? | Check key levels

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