Jio Platforms vs Bharti Airtel shares: Which telecom stock to buy after Reliance arm's IPO listing? Experts suggestions
New Delhi, Nov. 1 -- The listing of Jio Platforms has put the spotlight on India's telecom sector, with investors now weighing whether the newly listed Reliance Industries-backed company or established rival Bharti Airtel offers a better investment opportunity.
Jio Platforms shares have surged nearly 28% from their issue price of Rs.1,119 since making their market debut on Wednesday, 28 October, taking its market capitalisation to nearly Rs.13.18 lakh crore and making it India's second-most valuable listed company after Reliance Industries. The strong debut and subsequent gains follow an IPO that attracted bids for 22.19 times the shares on offer.
Bharti Airtel, meanwhile, has built a strong long-term track record, with its shares deliv...
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.