Reliance Jio may be valued at $112bn in a 2025 public listing, with potential 7-15% increase in Reliance Industries' share price.
Reliance Jio, the telecom division of Reliance Industries Ltd, may be valued at USD 112 billion when it goes public, according to a recent note from Jefferies. The note suggests a possible public listing for Jio in 2025, with a focus on monetization and subscriber market share gains. The valuation of $112 billion could lead to a 7-15% increase in Reliance Industries' share price, according to Jefferies.
July 11, 2024
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