Jio Platforms Shares Rise 28% Since Market Debut
Shares of Jio Platforms jumped 27.89% to Rs 1,431.20 on the BSE, against an issue price of Rs 1,119. The stock belongs to the country's second most valuable firm by market capitalisation, and the gain is measured since its market debut.
Context
Context: Jio Platforms is the digital and telecom arm of Reliance Industries, which owns Jio's mobile network. Its listing is closely watched because it shows how investors value India's large digital services businesses.
Burning Potato score: 62%