Analysts turn bullish on Jio Platforms ahead of listing
In short
Four brokerages started covering Jio Platforms before its upcoming listing. Nomura, Motilal Oswal Securities and Elara Capital gave Buy ratings, while Dolat Capital gave an Accumulate rating and saw about 28% upside.
The ratings could support investor interest and may matter for telecom tariffs. The reporting does not say when the listing happens or how tariffs would move.
What the reporting says
Four brokerages began coverage on Jio Platforms before its upcoming listing, with Nomura, Motilal Oswal Securities and Elara Capital assigning Buy ratings and Dolat Capital giving an Accumulate call. The publisher summary says Dolat’s target price implies about 28% upside. Analysts also expect the listing could affect telecom tariffs, but the reporting does not say when trading starts or how much pricing may change.
Why it matters
Four brokerages initiated coverage on Jio Platforms before its upcoming listing, with three Buy calls and one Accumulate rating. Dolat Capital’s target suggests about 28% upside, according to the publisher summary. The immediate market relevance is to investors watching the listing and to the telecom sector, where analysts said Jio could influence tariffs. The reporting does not provide the listing date or any confirmed tariff change.