Jio Platforms Shares Rise 28% Since IPO, Brokers Positive
Jio Platforms shares have surged over 28% within three sessions after their IPO. Brokerages Nomura, Motilal Oswal, Dolat Capital, and Elara Capital remain optimistic, highlighting factors such as tariff hikes, 5G monetisation, broadband expansion, and growth in digital services as key drivers for the stock's strong performance.
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