Jio Financial eyes breakout above ₹340 after Q1 beat

Jio Financial eyes breakout above ₹340 after Q1 beat

Jio Financial's Q1 revenue rose 45% YoY to ₹612 crore, with PAT up 4% to ₹325 crore. Despite a slight dip Friday, sentiment remains bullish as the stock tests ₹340 resistance. Analyst sees upside if this level breaks. Loan book, app reach, and MF AUM show strong growth. Support lies at ₹291-305, and higher lows signal ongoing bullish momentum.

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