Bankers Said to See Reliance’s Jio Value as High as $170 Billion
PositiveFinancial Markets

Bankers Said to See Reliance’s Jio Value as High as $170 Billion
Investment bankers are estimating that Jio Platforms Ltd. could be valued at up to $170 billion, which is significant as it sets the stage for a potentially record-breaking initial public offering for Reliance Industries Ltd.'s wireless carrier. This high valuation reflects the growing confidence in the telecom sector and the strategic importance of Jio in the market, making it a noteworthy development for investors and the industry alike.
— via World Pulse Now AI Editorial System
