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Reliance Jio IPO skyrockets RIL share price; should investors buy more shares of Mukesh Ambani firm for big returns?

Source: Livemint — Markets · 2 hr ago
Reliance Jio IPO skyrockets RIL share price; should investors buy more shares of Mukesh Ambani firm for big returns?
Image: Livemint

Summary

The demerger of Jio Platforms from Reliance Industries is expected to clarify the conglomerate’s ownership of its digital and telecom operations, and analysts say the move could boost Reliance’s share price. This has led to speculation about whether buying more shares of the company could yield strong returns.

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From the original report

Realiance shares: Experts believe demerger of Reliance' digital arm Jio Platforms from RIL may give a clear picture of Mukesh Ambani's coglomerate's stake in its digital and telecom business

Excerpt from Livemint — Markets.

Read the full story at Livemint

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