Shares of Jio Financial Services surged over 6 per cent on Friday, July 17, 2026, after the company reported a 156 per cent year-on-year (YoY) jump in consolidated net profit to Rs 830 crore for the April-June quarter of the financial year 2026-27. According to the company, its profit after tax increased 113 per cent year-on-year (YoY) to Rs 96 crore, driven by sustained growth in Assets Under Management (AUM). Amid this, the stock opened gap-up, gaining 4.94 per cent to 247.30 from the previous close of Rs 235.65. Amid a spurt in trading volume of more than 3.66 times, the stock touched an intraday high of Rs 249.90, representing a gain of 6.05 per cent from the last closing price.
Last seen, the stock held firmly in the green at Rs 245.25, with a gain of Rs 9.60 or 4.07 per cent and the market cap of the company stood at Rs 1,61,909.03 crore.
