Jio Financial Services shares rise 2% after board approves Rs 15,825 crore fundraise via warrants

Jio Financial share price: Jio Financial Services’ board approved raising Rs 15,825 crore via warrants to promoter group entities. The stock shows strength in long-term trends but trades below short-term averages. Q1 profit rose 4% YoY to Rs 325 crore.

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