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Jio Platforms Shares Surge Nearly 27% in Market Debut

Jio Platforms shares began trading on Wednesday, Oct. 28, nearly 27% above their issue price, giving the company a market capitalisation of around Rs.13 lakh crore and making it India's second-most valuable company after Reliance Industries.

JIO

New Delhi, Oct. 28 -- Jio Platforms shares delivered a blockbuster stock market debut on Wednesday, 28 October, surging nearly 27% above its issue price to become India's second-most valuable company after Reliance Industries, with a market capitalisation of around Rs.13 lakh crore.The strong listi…