Reliance Industries Shares Climb 2.7% on Jio IPO Hopes, Jefferies Upgrade
Reliance Industries Ltd (RIL) shares increased by 2.7% on Tuesday, extending their two-session gain to 4.3 percent. This rise is attributed to expectations of a Jio Platforms listing later this month and an increased portfolio weighting by Jefferies, which is factoring in a long-awaited value unlock.
3 percent, supported by expectations of a Jio Platforms listing later this month and a higher portfolio weighting from Jefferies. The stock advanced sharply as the market priced in a long-awaited value…