Jio Financial shares jumped 9% today; can JFS stock break consolidation zone?

Jio Financial share price: As per BSE, the stock has a price-to-equity (P/E) ratio of 662.06 against a price-to-book (P/B) value of 8.37. Earnings per share (EPS) stood at 0.49 with a return on equity (RoE) of 1.26.

Shares of Jio Financial Services Ltd recorded a sharp uptick during Monday’s fag-end deals. The stock surged 8.53 per cent to hit an intraday high of Rs 349.20. It eventually settled 7.12 per cent up at Rs 344.65. At this price, it has climbed 35.98 per cent in a year.

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