Stock Market: Shares of JM Financial got wings, jumped 11 percent today
In 6 months, this stock has given a return of about 17 percent to the investors.
The stock of JM Financial has gained 3.38 percent so far in the year 2022.
The company invested in SilverEdge. There has been a strong rise in the stock today.
New Delhi. Today the stock market has closed with an edge. BSE Sensex jumped 234.79 points today and closed at 61,185.15. At the same time, today there was a tremendous jump in the stock of JM Financial. This stock jumped 11.44 percent today and once reached Rs 78 (JM Financial Share Price Today). In the evening it closed at the level of Rs 77.95.
Shares of JM Financial opened with gains today. Yesterday it closed at Rs 69.95 and trading started at Rs 70.30. The stock touched a level of Rs 78 in intraday. JM Financial’s 52-week high is Rs 85.90, while its 52-week low is Rs 57.10.
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faster than 6 months
The shares of JM Financial have gained 10.33 per cent in the last 5 trading sessions. Similarly, this stock has jumped 13.05 per cent in one month. In 6 months, this stock has given a return of about 17 percent to the investors. The stock of JM Financial has gained 3.38 percent so far in the year 2022. At the same time, investors who had invested in this stock a year ago have suffered a loss of 6.37 percent.
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JM Financial Private Equity invests in SilverEdge
JM Financial Private Equity in association with a few other investors has made an investment of Rs 95 crore in Gurgaon-based SilverEdge Technologies Pvt Ltd. Investors like Ashish Kacholia, Mirabilis Investment Trust and Seven Hills Capital have helped raise funds in this investment. Marks the closure of 4th investment by JM Financial India Growth Fund III. SilverEdge Technologies Pvt Ltd uses its proprietary AL Platform to provide Advertising Solutions to Brands and Media Agencies. It has carved a niche for itself in online video and cookieless advertising.
Silverpush operates in 10 countries including South East Asia, Middle East, Africa, USA and India. Siddharth Kothari, Managing Director, JM Financial said that Silverpush has shown impressive growth over the years. Growing concern over data privacy, cookieless solution will drive further growth and advertising budget I’ll get a bigger share.
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FIRST PUBLISHED : November 07, 2022, 18:43 IST