New Delhi, Feb. 12 -- Extending their losing streak to the third consecutive trading session, shares of Jio Financial Services (JFSL), the financial arm of Reliance Industries, tumbled another 5% in intraday trade on Wednesday, February 12. With today's decline, Jio Financial stock hit a new one-year low of Rs.223 apiece.

Jio Financial share price has been on a losing streak since the release of its December quarter numbers on January 20, shedding 18% of its value. Zooming out, it has been in the same trend since May 2024, losing 40% of its value. From its all-time high of Rs.394.70, attained in April, the stock is currently trading 42% lower.

The stock debuted with an initial listing price of Rs.265 per share on the BSE and Rs.262 per ...