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Jio IPO may drive telecom tariff hikes, unlock value; PTs suggest 27% upside

Invezz Monday, 1 September 2025 ()
Jio IPO may drive telecom tariff hikes, unlock value; PTs suggest 27% upsideShares of Reliance Industries (RIL) continued their decline on Monday, falling by close to 0.4% after their 2% drop on Friday following the company’s 48th Annual General Meeting (AGM) wherein company chief Mukesh Ambani announced his plan to list the company’s telecommunications arm Jio in the first half of 2026. Despite the market reaction, most […]
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