BusinessPhoto: Business StandardJio Platforms Debuts Strong, Becomes Second-Most Valuable Indian Company
Jio Platforms debuted on the stock market with a 26.7% rise above its issue price, becoming India's second-most-valuable listed company. Shares opened at ₹1,358 and closed at ₹1,417.35 on BSE, valuing Jio at ₹13.05 trillion, about 83% of Reliance Industries' market value. This helped Mukesh Ambani's group surpass Tata in gross market capitalisation, with listed companies worth ₹30.25 trillion versus Tata's ₹25.40 trillion.
Business Standard·


