Jio Platforms shares: After 27% jump on IPO listing day, will Reliance group stock rise more today?
New Delhi, Oct. 29 -- Jio Platforms shares will remain in focus on Thursday, October 29, after making a strong debut on the stock exchanges. The shares surged nearly 27% above their IPO price, while the combined trading turnover on the NSE and BSE crossed Rs.26,500 crore.
Jio Platforms share price listed at Rs.1,358, marking a premium of 21.36% over the issue price of Rs.1,119. The stock extended its gains during the session to close at Rs.1,419, up 26.81% from the IPO price. This translated into a gain of Rs.300 per share for investors who were allotted shares at the upper end of the price band.
At the opening price, Jio Platforms commanded a market valuation of approximately Rs.12.5 lakh crore, making it India's second-most valuable l...
Click here to read full article from source
To read the full article or to get the complete feed from this publication, please
Contact Us.