Jio Financial Services Shares Fall After Quarterly Profit Halves
Jio Financial Services shares fell more than 2% on Friday after the non-bank lender reported a sharp drop in second-quarter profit. The stock was last down 1.7% at 215.2 rupees as of 9:52 a.m. IST.
Shares of India's Jio Financial Services NSE:JIOFIN fell more than 2% on Friday and were among the top losers on the Nifty 50 NSE:NIFTY, after the non-bank lender reported a sharp drop in its second-quarter profit.The stock was last trading 1.7% lower at 215.2 rupees, as of 9:52 a.m. IST.The compan…