Jio IPO filing puts Reliance Industries back on analysts’ radar
Reports linked to Jio’s IPO filing indicate Motilal Oswal, Jefferies and Nomura see up to 28% upside for Reliance Industries. The underlying source was inaccessible, so filing details and valuation assumptions could not be independently verified.
Reliance Industries is in focus after a Jio IPO filing, with Motilal, Jefferies and Nomura reportedly seeing up to 28% upside. The source article was inaccessible, so no further details were available.
Why this matters
The reported Jio filing follows a recent signal on brokers flagging up to 28% upside for Reliance and comes after Reliance drew attention amid a ₹2.74 lakh crore sell-off among top Indian firms.
Retail-company signals are accelerating, up 1,120,400% QoQ.