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Jio Financial Services Q1 Results Review - Earnings Volatility Persists; Approvals Still Awaited: DRChoksey

The brokerage anticipates that earnings will continue to fluctuate until Jio Financial Services obtains all approvals and progresses into the ramp-up phase.

<div class="paragraphs"><p>Signage for Jio Financial Services Ltd. at the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, Aug. 21, 2023. Photographer: Dhiraj Singh/Bloomberg</p></div>
Signage for Jio Financial Services Ltd. at the Bombay Stock Exchange (BSE) building in Mumbai, India, on Monday, Aug. 21, 2023. Photographer: Dhiraj Singh/Bloomberg
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