JM Financial Down 40% From Highs: Is It Time to Buy the Dip?

 

JM Financial shares have plunged nearly 40% from their October 2024 peak of ₹168, closing at ₹103 on February 11, 2025. The stock remains in bearish territory, reflecting weak investor sentiment amid market volatility. Analysts suggest cautious optimism, as the company’s fundamentals remain intact with a strong financial services portfolio. Long-term investors may consider this dip as an opportunity, but short-term risks persist due to broader market trends. Support levels are seen at ₹100, with resistance at ₹115.

 

Sources: Economic Times, Moneycontrol, CNBC-TV18