Reliance jumps 3% post-AGM on Jio IPO plans; Patanjali, Som Distilleries hit by regulatory setbacks
Sensex gains 450 pts with RIL leading on Jio IPO roadmap. Patanjali Foods' Jowar flour batch restricted in Kerala over pesticide residues. Som Distilleries falls 5% after Bhopal licence rejection. Flair Writing bags Rs 20 cr orders.
Sensex gains 450 pts with Reliance up 3% post-AGM on Jio IPO plans. Patanjali Foods' Jowar flour batch restricted in Kerala over pesticide residues. Som Distilleries falls 5% after Bhopal licence rejection. Flair Writing secures Rs 20 cr orders.
Why this matters
Extends Reliance's post-AGM rally, with brokerages like CLSA flagging ₹1,800 upside on Jio IPO filed at ~₹37,700 cr, AI and New Energy bets fueling consumer pivot.
Retail-company signals steady at 3,407 over the last 90 days.
Also reported by
- The Hindu BusinessLine — 1h after first sighting