Three analysts see INR 295.00 target for Jio Financial Services stock

Published on 10/13/2026 at 13:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

P/E is 67.85 on October 13, 2026. Jio Financial Services stock costs INR 217.80 on October 13, 2026, up 2.04 percent on NSE.

Three analysts put the 12-month mean target at INR 295.00 on September 14, 2026.
Jio Financial Services had a P/E of 67.85 on October 13, 2026.
Jio Financial Services stock was last at INR 217.80 on NSE India at 3:28 p.m. IST on October 13, 2026, up 2.04 percent versus the NSE close of October 12, 2026.
The board is scheduled to review second-quarter and half-year results on October 15, 2026.

Jio Financial Services, INE758E01017, Illustration mit AI erstellt.

Three analysts put the 12-month mean target for Jio Financial Services at INR 295.00 on September 14, 2026, according to Scripbook. That target stands 35.45 percent above the NSE price of INR 217.80, giving the consensus a measurable gap to the latest market level.

Consensus target stands 35.45 percent higher

The consensus range runs from INR 273.00 to INR 315.00, while all three analysts in the September 14, 2026 snapshot carried a Buy view, according to Scripbook. The range places the low target 25.34 percent above INR 217.80 and the high target 44.63 percent higher, making the spread itself important for investors assessing valuation risk.

Price remains 31.27 percent below high

Jio Financial Services was last at INR 217.80 on NSE India on October 13, 2026 at 3:28 p.m. IST, up 2.04 percent versus the NSE close of October 12, 2026 at INR 213.45. The session range was INR 212.73 to INR 217.80, and the stock remained 31.27 percent below its 52-week high of INR 316.85 while standing 4.46 percent above its 52-week low of INR 208.50.

The market capitalization was INR 1.4 trillion on October 13, 2026, and the P/E ratio was 67.85. The valuation remains materially above the 13.95 P/E of HDFC Bank and the 30.17 P/E of Bajaj Finance, although the three companies have different business mixes and earnings profiles.

Valuation and earnings date

The board is scheduled to review Jio Financial Services' standalone and consolidated results for the second quarter and half-year ended September 30, 2026, on October 15, 2026, according to NiftyTrader. That date is the next company-specific event in the calendar and gives the market a near-term test for the high valuation multiple.

Comparison with peers

Jio Financial Services (NSE, INR): up 2.04 percent, P/E 67.85, market capitalization INR 1.4 trillion

HDFC Bank (NSE, INR): up 1.29 percent, P/E 13.95, market capitalization INR 11,000.0 billion

Bajaj Finance (NSE, INR): up 2.66 percent, P/E 30.17, market capitalization INR 6,113.6 billion

Stock position and next date

Jio Financial Services combines a 2.04 percent daily gain with a price only 4.46 percent above its 52-week low. The contrast between that range position and the INR 295.00 mean target leaves the October 15 results as the next concrete measure of whether operating progress can support the current valuation.