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Jefferies analysts estimate a public listing could value Jio at $112 billion, potentially driving a 7-15% upside for Reliance’s stock. They project a fair value of 3,580 rupees per share for ...
Reliance Industries. Reliance Industries Limited is an Indian multinational conglomerate headquartered in Mumbai. Its businesses include energy, petrochemicals, natural gas, retail, entertainment, telecommunications, mass media, and textiles. Reliance is the largest public company in India by market capitalisation [ 5] and revenue, [ 6] and the ...
That demerged offering, Jio Financial Services, made its public debut on Monday, listing at 262 Indian rupees ($3.15) per share, the price set last month in a special session by local exchanges ...
www .jfs .in. Jio Financial Services Ltd. is an Indian financial services company, based in Mumbai, India that was originally a subsidiary of Reliance Industries (RIL). It became an independent entity and was listed on the Indian stock exchanges in August 2023. [ 1] The company provides financial services, including payment services and ...
By 2002, Reliance had grown into a U$15 billion conglomerate. After the death of Dhirubhai Ambani on 6 July 2002, Reliance was headed by his two sons. The Reliance ADA Group was formed in 2006 after the two brothers Mukesh Ambani and Anil Ambani, split Reliance Industries in December 2005. [3] [4] Anil Ambani got the responsibility of Reliance ...
Reliance Industries, which clocks a consolidated revenue of over $100 billion, operates the nation’s largest telecom network with over 420 million subscribers and runs the country’s largest ...
Dhirubhai Ambani. Dhirajlal (Dhirubhai) Hirachand Ambani (28 December 1932 – 6 July 2002) was an Indian billionaire businessman who founded Reliance Industries in 1958. Ambani took Reliance public in 1977. [ 1][ 2] In 2016, he was honoured posthumously with the Padma Vibhushan, India's second-highest civilian honour for his contributions to ...
In 2020, Jio Platforms raised over $20 billion from a series of investments by companies like Meta, Google, Silver Lake, Vista Equity Partners and others. Reliance Retail, which raised about $7 ...