Jio Platforms listing a re-rating catalyst for telecom sector: MOFSL
Reliance Industries is in focus.
· Business Standard Mkts
Motilal Oswal Wealth Management Research Desk said that the listing of Jio Platforms is a significant development for the telecom sector, with potential valuation implications for Airtel and…
The analysis
Against that, the stock is +0.1% on the day at ₹1,300.90, and has returned -0.6% over three months. It sits 18% below its 52-week high. The oil & energy sector has moved -4.2% over the same period, so Reliance Industries is running 3.6 points ahead of its peers.
For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.
Market context
- The 3 companies named span 3 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 3 of 3 are higher: Motilal Oswal leads at +9.1% and Reliance Industries (RIL) trails at +0.1%.
- Over three months: Reliance Industries (RIL) -0.6% against Oil & Energy -4.2% (3.6 points ahead); Motilal Oswal +13.2% against Capital Markets -5.1% (18.3 points ahead); Bharti Airtel +0.9% against Telecom & Media +0.7% (0.2 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Reliance Industries (RIL)RELIANCE · Oil & Energy | ₹1,300.90 | +0.1% | +11.3% | -0.6% | -18.3% | 0.9× | — |
| Motilal OswalMOTILALOFS · Capital Markets | ₹1,027.85 | +9.1% | -2.6% | +13.2% | -4.9% | 1.0× | — |
| Bharti AirtelBHARTIARTL · Telecom & Media | ₹2,006.00 | +0.8% | +14.3% | +0.9% | -7.2% | 0.2× | — |
Oil & Energy
1M -0.4% · 3M -4.2%
Reliance Industries (RIL)
Capital Markets
1M -0.1% · 3M -5.1%
Motilal Oswal
Telecom & Media
1M +2.1% · 3M +0.7%
Bharti Airtel
Prices as of 3 Nov 2026, 10:00 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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