Jio IPO filing puts Reliance in focus as analysts flag up to 28% upside
Reliance Industries is drawing investor attention following a reported Jio IPO filing. Motilal Oswal, Jefferies and Nomura are said to see as much as 28% upside, though the underlying source article was inaccessible and further filing details could not be verified.
Reliance Industries is in focus after a Jio IPO filing, with Motilal Oswal, Jefferies and Nomura reportedly seeing up to 28% upside. The source article was inaccessible, limiting further details.
Why this matters
The reported Jio IPO filing follows recent signals on Jio's IPO draft and on Reliance earnings, where O2C reached a four-year EBITDA high and Jio ARPU rose.
Retail-company signals are accelerating, up 1,018,400% QoQ.