Jio Financial shares could surge 20% if Q1FY26 results surprise on margins or growth, says analyst Rohit Mehta. The stock recently broke out of a cup-and-handle pattern and now hovers near ₹320. A strong report could trigger a move toward its all-time high of ₹394. FIIs trimmed stake, while DIIs increased exposure. Shares are up nearly 7% YTD.