Jio’s global ambitions: How US giants Comcast, Charter could help Mukesh Ambani's telecom company expand overseas
Reliance Industries is in focus.
· LiveMint Companies
Jio Platforms is in talks with US cable giants Comcast and Charter to license its wireless broadband technology. How could the proposed partnerships help Mukesh Ambani expand overseas?
The analysis
Against that, the stock is +0.2% on the day at ₹1,313.40, and has returned +2.6% over three months. It sits 18% below its 52-week high. The oil & energy sector has moved -2.8% over the same period, so Reliance Industries is running 5.4 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
- In focus: Reliance Industries (Mukesh Ambani) (RELIANCE), in Oil & Energy.
- Over three months: Reliance Industries (Mukesh Ambani) +2.6% against Oil & Energy -2.8% (5.4 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Reliance Industries (Mukesh Ambani)RELIANCE · Oil & Energy | ₹1,313.40 | +0.2% | +10.7% | +2.6% | -17.5% | 0.9× | — |
Oil & Energy
1M +1.9% · 3M -2.8%
Reliance Industries (Mukesh Ambani)
Telecom & Media
1M +3.5% · 3M +0.9%
Prices as of 5 Nov 2026, 16:11 IST. Sector moves are the average of the stocks we track in each sector.
In this story
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