Jio Financial Services Ltd – Major Business Developments:-
Some important companies and some important updates related to them The name of the first company is Jio Finance Services LED. Disclaimer that whatever company related news and updates we will cover, all those news and updates are only for educational purposes. So do not consider it as any kind of investment advice. You can also do your own research and analysis. About Jio financial service, its business is always analyzed. And when we talk about business analysis, till quarter one we did not see anything the company had to show in the business. But if you look now, we can see the situations changing a lot. If we look at the earlier business of the company, we used to see many subsidiaries and many joint ventures of the company. Now you can note the name of its subsidiary. You also get to see Jio Finance LED, Jio Insurance Broking Limited, Jio Payment Solutions, their joint venture which is Jio Payment Bank.
3 Key Businesses Now Active:-
Which they have fully acquired in quarter one itself. They have also bought the stakes that SBI had. Now if we look at it, all these things we were seeing were related to their joint venture subsidiary. But when we talk about their businesses, that is, what businesses do their subsidiaries do ? So we do n’t get to see anything in that. The name suggests that their subsidiary can do this business. But either she is doing business or else she is not doing anything. Because of this, we neither see the revenue nor the profit of the company. But now the company has three things to show. Meaning, we can say that we did not see anything particularly good from the company in quarter one’s results. The market expectations were also nothing. So we got to see the numbers accordingly. That means nothing at all. But now the company has three businesses to show and from these three businesses we can expect that we may see growth in the company’s earnings in the coming quarters. The first business you get to see in this list is that of AMC which is their joint venture. Jio BlackRock is a 50:50% joint venture between Jio Financial Services and BlackRock that operates in the Indian mutual fund industry. Recently, it has raised a lot of funds in the last some time. He also raised a good amount. Based on the amount raised, we see its name among the top 35 fund houses of India. And recently SEBI also gave its approval to launch 5 paisa fund. Now if you want to see their names then you can read them here by pausing the screen if you want. Jio Black Rock, that is, once again, the joint venture between Jio Financial Services and Black Rock, also works in the broking business and for this also, if you want to work as a brokerage, then you need a license from SEBI and SEBI has given the license to it also that if you want to do business as a broker, then it is okay, we have the approval. The third number has been added to it and the third addition is quite a big one. Now, the third number here is that Jio Finance service has tied up with Reliance Group in a 50-50% joint venture and because of this tie up, we can say that we have seen the comeback of Reliance Group in the insurance market of India which is a very high demanding market and a very large market and we have already seen a huge dominance of Reliance in it. Now this thing is being heard. In March, news came or you can say report came in which it was mentioned that Alliance and Jio Finance Services have signed an initial deal for India’s insurance business. So in a way, it took a long time for these things to become official. But as we have discussed earlier that when any report related to a big company comes and multiple reports claim that thing then to a large extent those things also get corrected in the coming future. So as of now, this news is very big and very good for Jio finance service.
Revenue Of Company:-
About the company’s revenue and profits till now, we do not see anything good. If we compare the total market cap of the company with its revenue, then you will see a very high PE. That means, valuation wise Jio Finance service is very expensive and is also a part of Nifty 50. This means that now, to justify the valuation, growth will have to be shown and now we have heard about three businesses of the company. So the expectations will be that the company’s results will be seen in the coming quarters. In this, revenue, profit, margins, all these are seen performing well and if they are seen performing well then no doubt it will be a very good thing for the investors. Basically for those who are sitting with a lot of conviction in Jio finals service.
HDFC Bank Ltd – Q1 Results and Bonus Update:-
About the next company whose name is HDFC Bank LED, friends. The company reported its Q1 results. We saw a growth of 12% in the net profit of the company. The company also announced a dividend of ₹5 which was a special interim dividend and along with that the company has also decided to double the shares of its investors.
Because the company has issued bonus in the ratio of 1:1. This means that the person who holds 10 shares of HDFC Bank will get 10 extra shares as a bonus. But don’t conclude from this that your investments are going to double. The investments will remain the same. The share value of HDFC Bank will decrease by 50%. You will get extra number of shares. So ultimately your investments will remain the same. But your number of shares will double. If you are an investor of HDFC Bank and are new to the market. These things are very important. You can definitely keep this thing in mind for learning.
Bajaj Finance Ltd – Near 52-Week High:-
About the next company whose name is Bajaj Finance. About Bajaj Finance, we have seen its performance well in the last some time. If we compare according to Indian stock market. The market has been quite volatile in recent times. But Bajaj Finance has performed well in this phase. Right now it is not much below the 52 week high. You can say it is around 52 week high. And there’s a valuable point you can learn. Look, when any company is around its 52 week high then the expectations regarding the results of that company are very high. The revenue and profit of the company there should also be at an all-time high. Only then can Bajaj Finance justify that value somewhere. If we look at valuation wise, the company is not at its all time highest valuation. But if about the market cap of the company, then you can definitely see the company around its all-time high market cap. The company is not sitting on both expansive price turning multiples. But if we talk in terms of market cap, right now Bajaj Finance has the biggest market cap, if you look at the record of history, then according to that, it is visible at the top. So the thing is that its results, the quarterly results, will be very important. The market liked the business updates reported by the company in Q1. So, it is expected that we may see good revenue, profit and margins of the company. Now, you can note the date of Q1 results that we are going to see of this company.