HFCL Promoter's Jio Stake Carries Real Story—But 121x Return Claim Is Speculative Hype

Mahendra Nahata does hold a personal Jio position separate from HFCL, but the 121x multiple is unverified marketing math tied to an IPO with no confirmed date or price band.

bt-corporate · 6/28/2026, 10:15:19 AM · Ask about this →