Jio Platforms races past brokerages’ 12-month targets on debut
Jio Platforms has taken just one trading session to race past the 12-month price targets set by some of the leading brokerages. The stock’s stellar market debut on Wednesday saw it close at Rs 1,419, up nearly 27% from its issue price of Rs 1,119 and comfortably above the targets set by Nomura, Motilal Oswal Financial Services and Elara Capital.
