{"id":998228,"date":"2026-03-14T08:45:53","date_gmt":"2026-03-14T03:15:53","guid":{"rendered":"https:\/\/telecomlive.in\/web\/?p=998228"},"modified":"2026-03-14T08:53:58","modified_gmt":"2026-03-14T03:23:58","slug":"jio-ipo-delay-makes-jefferies-slash-ril-target-price-but-says-o2c-benefiting-amid-disruption","status":"publish","type":"post","link":"https:\/\/telecomlive.in\/web\/2026\/03\/14\/jio-ipo-delay-makes-jefferies-slash-ril-target-price-but-says-o2c-benefiting-amid-disruption\/","title":{"rendered":"Jio IPO delay makes Jefferies slash RIL target price but says O2C benefiting amid disruption"},"content":{"rendered":"<p>Jefferies has cut its target price on Reliance Industries (RIL) as it pushes out its assumptions on a Jio tariff hike and factors in a likely delay in the Jio IPO. However, it highlights that Reliance\u2019s oil-to-chemicals (O2C) business is emerging as a key beneficiary of Middle East\u2013driven supply disruptions. <\/p>\n<p>The global brokerage said it has lowered Jio\u2019s FY27 and FY28 EBITDA estimates by 10% and 6%, respectively, after shifting its expected tariff increase from June 2026 to December 2026. \u201cWe cut our FY27-28 revenue and EBITDA estimates by 5-10% as we shift our tariff hike assumptions from Jun-26 to Dec-26,\u201d the brokerage noted, citing both macro and regulatory factors.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Jefferies has cut its target price on Reliance Industries (RIL) as it pushes out its assumptions on a Jio tariff hike and factors in a likely delay in the Jio IPO. However, it highlights that Reliance\u2019s oil-to-chemicals (O2C) business is emerging as a key beneficiary of Middle East\u2013driven supply disruptions. The global brokerage said it has lowered Jio\u2019s FY27 and FY28 EBITDA estimates by 10% and 6%, respectively, after shifting its expected tariff increase from June 2026 to December 2026. \u201cWe cut our FY27-28 revenue and EBITDA estimates by 5-10% as we shift our tariff hike assumptions from Jun-26 to [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[4,60,10],"tags":[],"class_list":["post-998228","post","type-post","status-publish","format-standard","hentry","category-newspapers","category-telecom-the-economic-times","category-the-economic-times"],"acf":[],"_links":{"self":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/998228","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/comments?post=998228"}],"version-history":[{"count":0,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/posts\/998228\/revisions"}],"wp:attachment":[{"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/media?parent=998228"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/categories?post=998228"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/telecomlive.in\/web\/wp-json\/wp\/v2\/tags?post=998228"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}