The latest uptrend comes after the Securities and Alternate Board of India (SEBI) granted a certificates of registration to Jio BlackRock Broking Non-public Restricted (JBBPL) to function as a stockbroker and clearing member.
The registration, dated June 25, 2025, and confirmed by the corporate on June 26, marks a major milestone in JFS’s efforts to broaden its footprint within the capital markets. With this approval, JBBPL can now provide broking and clearing companies, additional strengthening JFS’s place within the evolving monetary companies house.
Jio Monetary already operates an asset administration three way partnership with BlackRock. The addition of broking companies will allow deeper integration throughout choices similar to mutual fund distribution, fairness buying and selling, and funding advisory, making the general platform extra aggressive and complete.
Key Value and Valuation Metrics
Jio Monetary Companies’ share value has ranged between a 52-week excessive of Rs 363.00 and a low of Rs 198.65. The inventory at the moment trades at a price-to-earnings (PE) ratio of 123.12 and a price-to-book (PB) ratio of 1.61.
