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Jio Financial Services reported a net profit of ₹316 crore this time, and the company also announced a dividend of 0.5 paise per share. Along with that, the company’s market cap is ₹1,56,609 crore. Honestly, if it were any other company in its place,

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Havish Gupta

Figuring Out • 22d

Exactly, everyone's just buying the 'Hype'. I remember when it was about to list, even popular channels like Rahul Malodia were like 1 Lakh crore is nothing, on week itself, it's val will double to 2 lakh crore while in reality it's financials makes no real sense. Assuming a PE of 15, it's valuation won't be more than 5-6000 Cr.

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