Jio Platforms IPO: Reliance Group set to overtake Tata Group in market cap race; check India's top-5
Reliance Industries is in focus in an ipo & listings development.
· Business Today Mkts
Jio Platforms IPO: Reliance Group's market cap could reach Rs 28.35 lakh crore, surpassing Tata Group. Check valuations of India's top business houses.
The analysis
Reliance Industries reported Rs 28.35 lakh crore. 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 -0.8% on the day at ₹1,202.00, and has returned -9.1% over three months. It sits 24% below its 52-week high. The oil & energy sector has moved -3.6% over the same period, so Reliance Industries is running 5.5 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.
Why it matters
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- The company directly in focus is RELIANCE.
- Sector exposure: Oil & Energy.
In this story
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