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Reading: Jio Monetary block deal: Goldman Sachs sells over 26.75 lakh shares value Rs 62 crore
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StockWaves > Financial News > Jio Monetary block deal: Goldman Sachs sells over 26.75 lakh shares value Rs 62 crore
Financial News

Jio Monetary block deal: Goldman Sachs sells over 26.75 lakh shares value Rs 62 crore

StockWaves By StockWaves Last updated: May 15, 2026 2 Min Read
Jio Monetary block deal: Goldman Sachs sells over 26.75 lakh shares value Rs 62 crore
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Mukesh Ambani-promoted Jio Fin Companies witnessed a block deal on Thursday through which Goldman Sachs offered over 26.75 lakh shares value Rs 62 crore. The client within the deal was Morgan Stanley.

Goldman offered these shares by its affiliate Goldman Sachs Financial institution Europe SE-ODI at Rs 231.45 apiece. Morgan Stanley Asia Singapore PTE purchased the shares.

The inventory ended in the present day at Rs 234.20 on the BSE, up Rs 2.60 or 1.12% over Wednesday’s closing value.

Shares of Jio Monetary Companies have slipped 12% previously one yr underperforming the benchmarks Nifty and the BSE Sensex, which have dropped almost 4% and seven%, respectively in the identical interval, in accordance with Trendlyne knowledge.

The inventory has slipped beneath its 50-day and 200-day easy transferring averages (SMAs) of Rs 241 and Rs 285, respectively.

Dwell Occasions


On Friday, Jio Monetary Companies reported a 14% year-on-year decline in its consolidated web revenue for the quarter ended March 31, 2026 at Rs 272 crore in comparison with Rs 316 crore within the year-ago interval.

The whole income from operations in Q4FY26 stood at Rs 1,019 crore, surging 106% over Rs 493 crore within the corresponding quarter of the final monetary yr.Nonetheless, the corporate’s revenue after tax (PAT) grew 1.2% sequentially to Rs 269 crore whereas the topline elevated by 13% quarter-on-quarter to Rs 901 crore in Q4FY25.

Jio Monetary’s web curiosity earnings within the quarter underneath evaluation stood at Rs 202 crore versus Rs 81 crore within the year-ago interval.

Jio Monetary Companies’ consolidated complete earnings was Rs 3,274 crore witnessing a progress of 78% YoY. Jio Credit score’s Belongings Below Administration (AUM) crossed Rs 25,000 crore in FY26 whereas Jio Fee Options’ complete fee worth crossed Rs 50,000 crore in FY26.

(Disclaimer: The suggestions, options, views, and opinions given by the consultants are their very own. These don’t signify the views of The Financial Instances.)

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