Jio Platforms545004Telecommunications
Jio Platforms extended its post-listing rally, rising about 4% on day two of trading to reach a $140 billion market cap
By ScoutQuest · · 1 min read
- Stock price
- 1485 rupees
- Market capitalization
- 13.5 lakh crore rupees
- Market capitalization in dollars
- 140 billion dollars
- Day two stock move
- 4 percent
Heard on business television between 09:18:40 - 09:21:40 IST.
- Stock extended gains for a second straight day, up about 4% to around 1480-1485 rupees.
- Market capitalization crossed about 13.5 lakh crore rupees (around $140 billion).
- Anchor called the move 'phenomenal' for a stock of this size, noting gains beyond the listing pop.
- Fund manager Ajay Tyagi said UTI AMC is constructive on telecom, viewing the industry as effectively a duopoly (or two-and-a-half players including Vodafone) with pricing power, and sees continued subscriber migration from 2G to 4G to 5G.
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Source: Live TV News Channel · 29 Oct 2026
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