Jio Platforms Shares Jump 21% in Trading Debut After $3 Billion IPO
Shares rose 21% to 1,357 rupees in early trading Wednesday after the company raised over $3 billion in India's largest-ever IPO.
By Kimberley KaoShares of Jio Platforms jumped in their trading debut after India's largest telecom operator raised over $3 billion in the country's biggest initial public offering.Shares of billionaire Mukesh Ambani's firm rose 21% to 1,357 rupees in early trading Wednesday, reflecting strong inve…