JM Financial Limited (BOM: 523405)

India flag India · Delayed Price · Currency is INR
117.25
-2.20 (-1.84%)
At close: Jan 17, 2025
7.23%
Market Cap 114.93B
Revenue (ttm) 27.04B
Net Income (ttm) 4.52B
Shares Out 955.77M
EPS (ttm) 4.72
PE Ratio 25.45
Forward PE n/a
Dividend 2.00 (1.66%)
Ex-Dividend Date Jun 7, 2024
Volume 92,505
Average Volume 307,248
Open 119.45
Previous Close 119.45
Day's Range 116.00 - 119.60
52-Week Range 69.00 - 168.85
Beta 0.50
RSI 42.56
Earnings Date Jan 28, 2025

About JM Financial

JM Financial Limited, together with its subsidiaries, provides various integrated and diversified financial services to corporations, financial institutions, government organizations, high net-worth individuals, and retail customers in India and internationally. The company operates in four segments: Investment Bank; Mortgage Lending; Alternative & Distressed Credit; and Asset Management, Wealth Management & Securities Business (Platform AWS). The Investment Bank segment manages capital markets transactions, as well as advises on mergers and ac... [Read more]

Industry Security Brokers, Dealers, and Flotation Companies
Founded 1973
Employees 290
Stock Exchange Bombay Stock Exchange
Ticker Symbol 523405
Full Company Profile

Financial Performance

In 2023, JM Financial's revenue was 26.82 billion, an increase of 29.56% compared to the previous year's 20.70 billion. Earnings were 4.10 billion, a decrease of -31.38%.

Financial Statements

News

Buy or sell: Stocks on brokerages’ radar for today

J P Morgan recommends buying Swiggy and Zomato stocks due to attractive entry points and positive ramp-up strategies. CLSA suggests an ‘outperform’ rating on HDFC Life despite a growth slowdown. HSBC ...

4 days ago - The Times of India

JM Financial on India’s cement sector: Top picks UltraTech, Ambuja, and JK Cement – check target

JM Financial has released an optimistic outlook on India’s cement sector, highlighting accelerated consolidation, cost optimization, and strong demand drivers as key trends shaping the industry’s futu...

6 days ago - Business Upturn

Indiamart shares up nearly 4% as JM Financial upgrades to ‘Buy’

Shares of Indiamart Intermesh surged 3.77% to ₹2,258.50 on January 7 after JM Financial upgraded its rating to ‘Buy’ from ‘Sell,’ citing a positive medium-term outlook following a significant 28% corr...

14 days ago - Business Upturn

JM Financial receives administrative warning from SEBI over Western Carrier (India) IPO

JM Financial Limited, a SEBI-registered Merchant Banker, disclosed that it has received an administrative warning letter from the Securities and Exchange Board of India (SEBI). The letter, dated Janua...

18 days ago - Business Upturn

Stocks on brokerages’ radar for December 18

Several brokerage houses issued recommendations on various stocks. Motilal Oswal recommended buying Kirloskar Oil Engines, while ICICI Securities suggested buying PVR Inox, Sun TV, and Zee Entertainme...

4 weeks ago - The Times of India

Piramal Pharma shares surge 3% after JM Financial initiates ‘Buy’ rating

Piramal Pharma shares surged 3% after JM Financial initiated coverage with a ‘Buy’ rating and a target price of ₹340, indicating strong upside potential. The brokerage expects a 23%+ EBITDA CAGR over ...

5 weeks ago - Business Upturn

JM Financial initiates ‘Buy’ on Piramal Pharma, sets target price at ₹340

JM Financial has initiated coverage on Piramal Pharma with a ‘Buy’ rating and a target price of ₹340, indicating strong growth potential in the stock.

5 weeks ago - Business Upturn

Buy or sell: Stocks on brokerages’ radar for today

India Business News: JM Financial has a ‘buy’ recommendation on JSW Infrastructure, India’s second largest private port player.

5 weeks ago - The Times of India

Stocks on brokerages’ radar for today

India Business News: JM Financial has a dozen stocks on its list with estimated returns as high as 49%.

5 weeks ago - The Times of India

JM Financial assigns ‘buy’ rating to Swiggy, projects 20% upside from IPO price

Brokerage firm JM Financial has initiated coverage on Swiggy, assigning the stock its first ‘buy’ rating and setting a target price of ₹470, which reflects a 20% potential upside from the IPO price of...

2 months ago - Business Upturn

Financial stocks: IFCI down by 3.22%, SBFC declines by 2.44%, JM Financial drops by 2.75%, LTF falls by 2.37%

Time Stamp: November 4, 2024, 9:41 AM Market Update: Financial sector stocks are trading mostly in the red today, with several key players showing notable declines. IFCI: Down by 3.22%, trading at ₹57...

2 months ago - Business Upturn

JM Financial Ltd (BOM:523405) Q2 2025 Earnings Call Highlights: Strong Profit Growth Amid ...

JM Financial Ltd (BOM:523405) Q2 2025 Earnings Call Highlights: Strong Profit Growth Amid Strategic Shifts

3 months ago - GuruFocus

Q2 2025 JM Financial Ltd Earnings Call Transcript

Q2 2025 JM Financial Ltd Earnings Call Transcript

3 months ago - GuruFocus

After Bankruptcy In US, WeWork Plans IPO For Indian Arm At Over $2B Valuation: Report

This story was first published on the Benzinga India portal. WeWork India , a joint venture between Bengaluru-based property firm Embassy Group and American co-working giant WeWork , is reportedly exp...

3 months ago - Benzinga

JM Financial stock jumps 5.56% as RBI lifts financing restrictions

JM Financial’s stock price surged by 5.56%, reaching ₹167.51 as of 9:30 AM today, following the positive news that the Reserve Bank of India (RBI) has lifted restrictions on the company, allowing it t...

3 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buy on Olectra Greentech, sees 27% upside to ₹2,200

JM Financial has issued a ‘Buy’ rating for Olectra Greentech with a target price of ₹2,200, indicating a 27% potential upside in the next 6-12 months. Olectra is one of the largest manufacturers of el...

3 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buy on Macrotech Developers, sees 23% upside to ₹1,480

JM Financial has issued a ‘Buy’ rating for Macrotech Developers (Lodha) with a target price of ₹1,480, suggesting a 23% upside in the next 6-12 months. Macrotech, one of India’s largest real estate de...

3 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buying Gravita India, sees 21% upside to ₹3,068

JM Financial has issued a ‘Buy’ rating for Gravita India, with a target price of ₹3,068, implying a 21% upside over the next 6-12 months. Gravita India, a leading player in India’s recycling industry,...

3 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buying NALCO, sees 17% upside to ₹264

JM Financial has issued a ‘Buy’ rating for National Aluminium Company (NALCO), with a target price of ₹264, implying a 17% upside over the next 6-12 months. NALCO, one of the largest aluminium and alu...

3 months ago - Business Upturn

Stocks To Buy This Diwali: JM Financial recommends buy on Ashoka Buildcon, sees 15% upside to ₹290

JM Financial has issued a ‘Buy’ rating for Olectra Greentech with a target price of ₹2,200, indicating a 27% potential upside in the next 6-12 months. Olectra is one of the largest manufacturers of el...

3 months ago - Business Upturn

Diwali stock pick: JM Financial recommends buying Jindal Steel & Power, sees 19% upside to ₹1,150

JM Financial has placed a ‘Buy’ rating on Jindal Steel & Power (JSPL), with a target price of ₹1,150, forecasting a 19% upside over the next 6-12 months. The recommendation is based on the company’s s...

3 months ago - Business Upturn

Diwali stock pick: JM Financial expects ICICI Lombard General Insurance to rally 17% to ₹2,450

JM Financial has placed a ‘Buy’ recommendation on ICICI Lombard General Insurance Co Ltd, with a target price of ₹2,450, indicating an upside potential of 17% over the next 6-12 months. ICICI Lombard,...

3 months ago - Business Upturn

Diwali stock pick: JM Financial sees Bajaj Finance surging 18.6% to ₹8,552

JM Financial has recommended Bajaj Finance as one of its top Diwali stock picks with a target price of ₹8,552, implying an upside potential of 18.6% over the next 6-12 months. Bajaj Finance, one of In...

3 months ago - Business Upturn

Diwali stock pick: JM Financial expects Power Grid Corporation to rise 17% to ₹383 in the next 6-12 months

JM Financial has recommended Power Grid Corporation of India Ltd. (PGCIL) as a Diwali stock pick, with a target price of ₹383, indicating a potential upside of 17%. As India’s largest power transmissi...

3 months ago - Business Upturn

Diwali stock pick: JM Financial expects Reliance Industries to rise 28% to ₹3,500 in the next 6-12 months, driven by digital, retail, and new energy growth

JM Financial has recommended Reliance Industries Ltd. (RIL) as a top Diwali pick, with a target price of ₹3,500, reflecting a potential upside of 28%. RIL’s diversified business, spanning oil-to-chemi...

3 months ago - Business Upturn