Shares of Jio Financial Services Limited (JFSL), the demerged financial unit of Reliance Industries Limited (RIL), had been facing 5 per cent lower circuit for five days.
But now the company has finally recovered after facing lower circuit, JFSL shares were locked in the 5 per cent lower circuit after today’s market opening, they have broken the pattern and made a recovery.
It has managed to rise above the lower circuit is a positive development and also can expect turn around for the company’s stock.