Jio Platforms is becoming more than a telecom company: Dolat Capital
Jio Platforms Ltd.’s next phase may depend less on adding mobile subscribers and more on monetising the digital infrastructure it has built, as tariff repair, 5G upgrades, home broadband and enterprise services push the company toward an integrated telecom-and-technology model.
Dolat Capital initiated coverage on Jio Platforms with an Accumulate rating and a target price of Rs 1,435. After listing at a healthy premium of 21% on Wednesday, Jio Platforms shares rallied another 5% this morning to touch a peak of Rs 1,490 on BSE.
