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Reliance Jio IPO: Should investors chase listing gains or focus on long-term value? Experts weigh in

Reliance Industries is in focus in an ipo & listings development with 21 October in focus.

· LiveMint Markets

Jio Platforms IPO is set to open for public subscription on Wednesday, 21 October. Mukesh Ambani-led oil-to-telecom-to-retail conglomerate Reliance Industries (RIL) currently owns a 66.43% stake in Jio Platforms.

Dates in focus
21 October

Reliance Industries reported movement of 66.43%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.

Against that, the stock is -0.1% on the day at ₹1,213.40, and has returned -6.2% over three months. It sits 24% below its 52-week high. The oil & energy sector has moved -1.7% over the same period, so Reliance Industries is running 4.5 points behind 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.

  • Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
  • The company directly in focus is RELIANCE.
  • Sector exposure: Oil & Energy, Telecom & Media.
  • The immediate tone of coverage reads positive.
RELIANCEOil & EnergyTelecom & Media