JM Financial Overview :-
JM Financial (JMFL) is an Indian financial services company headquartered in Mumbai with branches spread across India. It also has overseas branches located in Abene, Singapore, New Jersey and Dubai.
The company primarily provides services of Investment Banking, Mortgage Lending, Investment Management
JM Financial was established by Mahendra Kampani and Nimesh Kampani in 1973 as a spin-off of the investment banking arm of Jamnadas Moraji Securities and originally as a consultancy practice.
Subsequently, in 1986, it was incorporated as a Private Limited Company with the objective of engaging in the business of stock-broking.
In 1991, it was listed on the Bombay Stock Exchange as a public company, and in 2006 it got listed on the National Stock Exchange of India. The company expanded its business to include asset management in 1994, private equity in 2006, real estate investment in 2007, distressed credit and mortgage lending in 2008.
Then in 1999, JM Financial and Morgan Stanley set up a joint venture in India called JM Morgan Stanley. However in February 2007, Morgan Stanley decided to terminate the JM Morgan Stanley joint venture agreement.
Which led to the sale of its approximately 49% stake in the investment banking business to JM Financial while acquiring JM Financial’s approximately 49% stake in the institutional brokerage business.
JM Financial Share price target 2023, 2024, 2025, 2028, 2030,2040
We here at financesharetargets.in are going to give you Stock Predictions, Price Predictions and Estimated Targets for 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030 and 2040. Please keep one thing in mind that these predictions are ,
Prediction or any target is only a suggestion given by our analysis. The forecast/prediction which will be correct is almost impossible. Errors always exist in any analysis, but we try our best to give you good price stock predictions/predictions.
JM Financial share price target 2023
JM Financial Ltd. If we look at the share price on NSE, in the last 6 months from August, the company has given a return of about 16.65%, if we look at the maximum returns of the company, then the company has given a return of about 141.86%, which is very good.
Has given a good return to its shareholders for many consecutive years, and currently the company and the way the company’s share price has not seen much decline, it can be inferred that JM Financial share price target for 2023 The first target can be achieved at ₹85 and the second target at ₹105.
JM Financial Share Price Target 2024
JM Financial Ltd. Is a well-known and successful company in the field of finance, and the company has often been seen performing well, the company is always striving to provide good and convenient service to its customers, which also makes good profit.
We can expect such gains in the future as well, considering that according to our analysis, the first target for JM Financial Share Price Target 2024 can be at ₹110 and the second target at ₹130.
JM Financial Share Price Target 2025
The company is continuously growing by increasing its revenue, because talking about the market cap of the company, its market cap is around Rs 7,015 crore and the company is a mid cap company, and it has been seen that such companies make a good return.
The company is continuously working to expand its market cap and according to the figures of 2023, there has been a good increase in the net income and revenue of the company, after which the way the company’s revenue is increasing.
It can be estimated that with its further development in the near future, by JM Financial Share Price Target 2025, the first target can be at ₹ 135 and the second target at ₹ 155.
JM Financial Share Price Target 2028
JM Financial is a leading financial services company with four main business segments: 1. Investment Banking, Wealth Management and Securities Business; 2. Mortgage loan; 3. Distressed Lending and 4.
Asset Management, out of which the IWS and Mortgage Lending segment accounts for the bulk of the company’s revenue. And almost the entire revenue of the company comes from India, thus the company has a strong hold in the domestic market,
which can be predicted that the company can grow further in the same way and grow in the near future. JM Financial Share Price Target By 2028, the first target can be at ₹ 225 and the second target at ₹ 245.
JM Financial Share Price Target 2030
JM Financial has consistently performed well over the years, which has earned it a good place in this sector. As per Mergermarket League Tables, JM Financial is generally ranked among the top 10 firms on the basis of Indian deals by value. Got #4 rank in 2021.
From this, the good condition of the company can be understood, which can be seen that according to our analysis, the first target for JM Financial Share Price Target 2030 can be at ₹ 275 and the second target at ₹ 300.
JM Financial Share Price Target 2040
The way the company is moving forward by performing well in the financial services sector, and its overseas branches are also located in many countries, and the company is striving to expand its reach in the same way, and to grow in its field. working continuously.
All these are the characteristics of the company, from which good growth of the company can be expected. Due to this, the possibilities of good growth of the company can also be estimated more in the coming time, according to our analysis JM Financial Share Price Target 2040 For this, the first target can be at ₹ 400 and the second target at ₹ 450.