Brokerages see up to 28% upside in Reliance after Jio IPO filing targets end-2026 listing
Reliance's AGM detailed Jio Platforms' SEBI IPO filing aiming for an end-2026 listing at a ~Rs 11-12 trillion valuation. Jefferies, Nomura and Motilal Oswal reiterated Buy with target prices up to Rs 1,675, citing telecom, retail, AI and clean-energy growth.
Reliance's AGM detailed Jio Platforms' SEBI IPO filing targeting end-2026 listing at ~Rs 11-12 trillion valuation. Jefferies, Nomura and Motilal Oswal reiterated Buy with up to 28% upside, citing telecom, retail, AI and clean-energy roadmap.
Why this matters
The Jio IPO filing follows Reliance's AGM roadmap, echoing recent signals of brokerages backing up to 28% upside on the telecom, retail and AI story. It anchors a concrete listing timeline and valuation for the market.
retail-company theme accelerating at +576500% QoQ.