Jio Financial Services set August 10 as the record date for its final dividend. The company reported significant year-on-year profit and revenue growth in the first quarter. Interest income and fees and commission income saw substantial increases during this period. Jio Financial Services shares experienced a notable jump on Friday and over the week. Motilal Oswal maintains a Buy rating with a target price of Rs 315.
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The analysis includes only those companies in which the investor holds more than a 1% stake and may not represent the entirety of the portfolio.