“The stock has held firmly above its 20-day exponential moving average and is showing signs of strength,” said Riyank Arora, Technical Analyst at Mehta Equities. “If it sustains above Rs 310, it can test Rs 330 levels in the short term.”
This optimism comes as investors await crucial financial and operational updates from India’s youngest largecap financial company. Jio Financial, a carved-out entity from Reliance Industries, has been expanding its footprint across lending, insurance, and digital finance, backed by its deep distribution network and growing customer base through the Jio ecosystem.
The company’s Q1 performance has been steady. Net profit rose 4% YoY to Rs 324.66 crore, while revenue jumped 46.5% to Rs 612.46 crore.
Here are five things investors will closely watch as Jio Financial steps into its second earnings season as a listed company:
1) Profit and revenue growth momentum
The biggest focus will be on whether Jio Financial can extend its strong Q1 performance. Sustained revenue momentum would signal that the company is scaling its operations efficiently and managing costs well.
2) Interest income and cost discipline
As a non-banking financial entity, the market will pay attention to net interest income (NII) growth and operating expense control.
3) Consumer business performance
With Reliance’s backing, JFSL is expected to push further into retail lending, insurance, and embedded finance. Any data on customer acquisitions, product launches, or digital platform usage will offer cues
4) Update on the BlackRock partnership
Announcements on new product launches could serve as an immediate trigger for the stock.
5) Stock and technical outlook
Technically, Jio Financial remains in a bullish setup. Analysts say the stock’s immediate support lies at Rs 300, while resistance is near Rs 318–320.
“A breakout above that range could pave the way toward Rs 330–340, which is up to 9% upside from last closed levels. Momentum indicators like RSI and MACD are showing continued strength,” said Drumil Vithlani, Technical Research Analyst at Bonanza, adding that traders may look to accumulate on dips around Rs 305–310.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of the Economic Times)
