Jio Platforms share price up 28% from IPO price. Here’s what these 4 brokerages are saying

Jio Platforms shares have risen by 28% since their initial public offering price. This surge is due to positive forecasts from several brokerages, including Nomura, Motilal Oswal, Dolat Capital, and Elara Capital. They expect the company to benefit from tariff hikes, the monetization of its 5G services, expansion of its broadband services, and growth in digital services. This optimism is good news for investors, as it suggests that Jio Platforms is well-positioned for future growth and success.

Why it matters

Jio Platforms shares have risen over 28% in three sessions, and brokerages remain positive. This could lift investor sentiment and pull in more capital.

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