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Jio Fin
The stock has fallen from 340 to 265. They've been updating us with all these announcements, JV with Blackrock, Jio Fin app (E-gold is not bad tho), but nothing seems to materialize. I haven't seen a single Jio Fin executive in Reliance Digital/Retail stores. They can easily tap their network of stores for selling loans/EMI etc. The books don't make any sense, they receive 270 Cr Dividends from the parent. People have been pouring money into this company hoping Reliance wouldn't let them down? And I agree 😶, I plan to buy the dip. What's your take?2
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