JFSL Share Price: The Roller Coaster Journey

Friday's Hope After 5 sessions of lower circuit limits, JFSL share price gained momentum on Friday.

Opening Drama JFSL opened 5% lower at ₹205.15 on BSE but surged to ₹225.00 intraday.

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A Quick Recap Demerged from Mukesh Ambani's RIL, JFSL made its debut on August 21.

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Listing Prices ₹265 on BSE, ₹262 on NSE, against a discovered price of ₹261.85.

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Tough Start JFSL lost over 22% value from its listing price.

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Market Cap Current JFSL market cap is approximately ₹1,35,960 crore.

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Indices Connection JFSL was in Nifty50 and Sensex due to Reliance's association.

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Removal Delays BSE and NSE postponed JFSL's removal from indices till August 31.

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Official Exit By September 1, JFSL will exit S&P BSE indices, including Sensex, BSE 100, BSE 500, etc.

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Reason for Slide? Fund selling post RIL's demerger and its impending exit from benchmark indexes.

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Share Sales Estimated sales from Nifty and BSE indexes: 150-160 million JFSL shares.

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Closing Note JFSL ended 1.69% higher at ₹212.25 on BSE, and ₹221.60 on NSE on Friday.

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