What is the price target for JM Financial in 2024?
JMFINANCIL's initial price target for 2024 is estimated at ₹140.53, potentially rising to ₹159.86 by mid-year and reaching ₹186.37 by the end of the year, given favorable market conditions and bullish trends.
View 2 reports from 2 analysts offering long term price targets for JM Financial Ltd.. JM Financial Ltd. has an average target of 102.00. The consensus estimate represents an upside of 41.77% from the last price of 71.9500. Reco - This broker has downgraded this stock from it's previous report.
Fund Performance: The fund's annualized returns for the past 3 years & 5 years has been around 26.79% & 23.27%. The JM Flexicap Fund comes under the Equity category of JM Financial Mutual Funds. Minimum Investment Amount: Lump sum minimum amount for JM Flexicap Fund is ₹1,000 and for SIP, it is ₹100.
RBI directed JM Financial to cease and desist from financing against shares and debentures. The stock has been on the downtrend for the fourth straight session.
JM Financial Ltd's net profit jumped 46.02% since last year same period to ₹277.68Cr in the Q3 2023-2024. On a quarterly growth basis, JM Financial Ltd has generated 42.44% jump in its net profits since last 3-months.
JM Financial Share Price Target 2025
According to current market analysis, the company's stock price can reach ₹92.87 per share by the end of 2025.
IRFC Share Price Target 2025: A further increase is anticipated, with targets set between ₹201.68 and ₹220.23. IRFC Share Price Target 2026: The growth trend continues, with share price targets ranging from ₹252.09 to ₹275.28. IRFC Share Price Target 2027: Expectations suggest a share price between ₹315.12 and ₹344.10.
One of the reputable AMCs in India is the JM FINANCIAL Mutual Fund. All mutual fund houses are subject to stringent SEBI regulation. But when it comes to market-linked products like mutual funds, no asset management firm can ensure the protection of capital.
Compared to the current market price of 71.4 INR, JM Financial Ltd is Undervalued by 26%. What is intrinsic value? JM Financial Ltd's market capitalization is 68.2B INR. JMFINANCIL stock price is 71.4 INR.
JM Financial Limited, the flagship listed company of the Group, is led by the Group Chairman, Mr. Nimesh Kampani.
How big is JM Financial?
| Company type | Public |
|---|---|
| Total equity | ₹106 billion (US$1.3 billion) (31 March 2022) |
| Number of employees | 2,405 (31 March 2022) |
| Website | jmfl.com |
| Footnotes / references | |
What is the price of JM Financial today? JM Financial is trading at 74.56 as on Thu Mar 28 2024 10:26:02. This is -5.22% lower as compared to its previous closing price of 78.67.
- JM Financial Services Limited - Ranked 41st amongst India's 100 Best Companies.
JM Financial Q3 results: Profit rises 46% to Rs 278 cr, NPAs stand at 4.5% | Company Results - Business Standard.
Since inception, we have pioneered several innovations in the Indian capital markets in the areas of capital structuring, financial instruments and marketing strategies which has made us one of the top investment banks.
JM Financial is an integrated financial services group, offering a wide range of services to a significant clientele that includes corporations, financial institutions, High Net-worth Individuals and retail investors.
| Name of the Share | Book Value (₹) | YTD (%) |
|---|---|---|
| Exide Industries | 148.69 | 63.97 |
| Bajaj Hindusthan Sugar Ltd | 33.80 | 62.79 |
| South Indian Bank | 33.87 | 43.88 |
| Urja Global Ltd | 2.63 | 53.27 |
Financial Services stocks do not always pay a dividend but as JM Financial Ltd pays dividends to reward its shareholders. In the quarter ending March 2023, JM Financial Ltd has declared dividend of ₹0.90 - translating a dividend yield of 3.98%.
Johnson & Johnson stock price stood at $155.22
According to the latest long-term forecast, Johnson & Johnson price will hit $200 by the end of 2027 and then $250 by the end of 2029. Johnson & Johnson will rise to $300 within the year of 2032.
| STOCK | ACTION | TRADE PRICE |
|---|---|---|
| NATCOPHARM | BUY | 958 |
| MOTHERSON | BUY | 117 |
| BSOFT | BUY | 745 |
| HINDCOPPER | BUY | 283 |
Is IRFC a good buy for long term?
According to stock market experts, IRFC has demonstrated a stable revenue base with a slight increase in Revenue from Operations on a QoQ basis. They said that in the October to December 2023 quarter, the Indian Railways PSU has managed to maintain consistent profitability as well.
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Current NAV: The Current Net Asset Value of the JM Aggressive Hybrid Fund as of Mar 27, 2024 is Rs 105.06 for Growth option of its Regular plan. 2. Returns: Its trailing returns over different time periods are: 48.4% (1yr), 21.84% (3yr), 17.6% (5yr) and 12.61% (since launch).
About JM Financial Services Ltd.
JM Financial Services (JMFS), a part of the JM Financial Group, is an award-winning full-service stock broking firm catering to individual and institutional investors across the entire Capital Market spectrum.
