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Jio Platforms Opens at Rs.1,358, Up 21.36% on Debut

Jio Platforms shares opened at Rs.1,358 apiece on both the BSE and NSE, a 21.36% premium to the Rs.1,119 issue price. The opening price was above Motilal Oswal Financial Services’ Rs.1,350 target.

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New Delhi, Oct. 28 -- Jio Platforms shares made a strong debut on the stock exchanges, opening at Rs.1,358 apiece on both the BSE and NSE, a premium of 21.36% over the issue price of Rs.1,119. The stock opened above the target price of Rs.1,350 set by Motilal Oswal Financial Services, which had ini…