VERIFIEDET Stocks·14 May 2026neutral

Jio Financial block deal: Goldman Sachs sells over 26.75 lakh shares worth Rs 62 crore

AI Summary

·Goldman Sachs sold 26.75 lakh shares of Jio Financial Services worth ₹62 crore to Morgan Stanley.
·Jio Financial Services stock gained 1.12% on the day of the block deal.
·The company reported a 14% year-on-year profit decline in Q4FY26, despite strong revenue and AUM growth.