Markets · 1 sources covering this

Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target

Shares of Jio Platforms listed at Rs 1,359 on BSE and NSE, a premium of 21% over the IPO price. Nomura set a target price of Rs 1,340, implying 20% upside from the issue price of Rs 1,119. The brokerage cites Jio’s leadership in wireless subscribers, data traffic and home broadband, adding that its listing could support steady tariff hikes and drive monetisation.

Share:WhatsApp X Reddit Facebook

Coverage spectrum

0 L · 0 C · 1 R

How 1 sources are covering this

Economic TimesLean R·1h ago
Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target
Shares of Jio Platforms listed at Rs 1,359 on BSE and NSE, a premium of 21% over the IPO price. Nomura set a target price of Rs 1,340, implying 20% upside from the issue price of Rs 1,119. The brokerage cites Jio’s leadership in wireless subscribers, data traffic and home broadband, adding that its listing could support steady tariff hikes and drive monetisation.
Read at Economic Times →

Embed this bias spectrum on your site

Paste this iframe wherever you'd like the widget to appear. Resizes responsively; no JS required.

<iframe
  src="https://hindustansphere.com/embed/cluster/f7012fe75adb0e03a989c90e03d1d4f384b35b4b"
  width="100%" height="320"
  style="border:0;max-width:680px"
  loading="lazy"
  title="Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target"></iframe>

Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target

How 1 sources are covering this

Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target

More from Markets

IPO listing record! Jio Platforms becomes India's largest telecom firm even before stock trading after ₹1358 settled

Jio Financial Services shares fall 1% amid Jio Platforms listing | What should investors do? Check target, stop loss

Reliance Industries shares slip 2% amid Jio Platforms IPO listing | Key RIL targets and levels to watch

Jio IPO listing: Reliance-promoted firm becomes 2nd largest market cap holder in India | Check other 4 in top 5

Reader

Trust & legal

Across the network