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Reliance Industries Shares Jump Nearly 3% After Jio Sets IPO Price Band

Reliance Industries shares rose nearly 3% on Thursday after subsidiary Jio Platforms announced the price band for its proposed Rs 30,213-crore IPO.

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07:07:30 AM UTC
SquawkNews
Shares of Reliance Industries rallied 3 per cent on Thursday after Jio Platforms Ltd, the digital and telecom arm of the firm, set a price band of ₹1,065 to ₹1,119 per share for its initial public offering that could raise about ₹30,213 crore at the top of the range, making it India's largest.The b…

Reliance Industries Ltd (RIL) shares surged nearly 3 percent on Thursday, emerging among the top gainers on the Nifty 50 after its telecom and digital subsidiary Jio Platforms announced the price band for its upcoming Rs 30,213-crore initial public offering (IPO). The proposed listing, set to becom…