BusinessPhoto: Mint MarketsReliance Jio IPO Boosts RIL Shares, Experts Advise Buy-on-Dips
Shares of Reliance Industries Ltd (RIL) have risen since the Jio Platforms IPO RHP filing. After hitting a 52-week low of ₹1,152.20, RIL shares gained 1.75% intraday to ₹1,234.30 as the Jio IPO subscription opened. Experts attribute the rally to RIL's two-thirds stake in Jio Platforms, expecting a ₹350-₹500 per share value addition from Jio's listing, recommending a buy-on-dips strategy.
Mint Markets·


