JM Financial to transfer private wealth business to subsidiary for ₹11.08 crore

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The private wealth business contributed ₹56.09 crore in revenue (6.84% of total revenue) and had a net worth of ₹33.78 crore (0.82% of total net worth) as of March 31, 2024. Shares of JM Financial Ltd ended at ₹84.10, down by ₹4.99, or 5.60%, on the BSE.

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