New Delhi, June 26 -- Jio Financial Services share price in focus today: Shares of Jio Financial Services (JFSL) extended their gains for the third straight session on Thursday, June 12, rising 3% intraday to touch a six-month high of Rs.312 per share, mirroring the positive trend in the Indian stock market.

The rally comes after the company announced on Wednesday that it has infused Rs.190 crore into its payments banking arm, Jio Payments Bank Ltd. According to its regulatory filing, JFSL has been allotted 19 crore equity shares of Rs.10 each in the wholly owned subsidiary, with the investment made in cash at face value.

JFSL clarified that the transaction qualifies as a related-party transaction, as it involves the company and its who...