Reliance Industries Shares Rise 2.8% After Jio Platforms Sets IPO Price Band
Jio Platforms set a price band of 1,065 to 1,119 rupees per share for its IPO. Reliance Industries shares rose 2.8% on Thursday.
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BUZZ — India's Reliance Industries rises after unit Jio Platforms sets price band for IPO
* Shares of Reliance Industries up 2.2% at 1,200.8 rupees * Digital arm Jio Platforms set a price band of 1,065 rupees to 1,119 rupees per share for its IPO * Jio Platforms is set to raise up to $3.2 billion in India's largest IPO to date * IPO expected to open on October 21 and close on October 23 * Jio to offer 270 m