Three brokerages have started coverage of Jio Platforms with Buy ratings on its listing day, setting targets roughly 20% to 22% above the ₹1,119 issue price. Elara Securities has the highest target at ₹1,367, followed by Motilal Oswal at ₹1,350 and Nomura at ₹1,340. Nomura called Jio a scale leader moving into a phase of …
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