Stocks to watch: Jio Platforms, Meesho, Hero MotoCorp, PNB Housing & Ola
Reliance Industries moved higher.
· Business Standard Mkts
Stocks to watch today: After a blockbuster debut, shares of Jio Platforms will remain in focus on Thursday. The stock rose as much as 23 per cent on its first day of trading on Wednesday.
The analysis
Reliance Industries reported movement of 23%. 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 +1.4% on the day at ₹1,173.60, and has returned -8.7% over three months. It sits 26% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -4.8% over the same period, so Reliance Industries is running 3.9 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.
Market context
- The 3 companies named span 3 sectors, so these are separate company stories rather than one sector-wide move.
- On the day, 1 of 3 are higher: Reliance Industries (Jio) leads at +1.4% and Meesho trails at -0.9%.
- Over three months: Reliance Industries (Jio) -8.7% against Oil & Energy -4.8% (3.9 points behind); Meesho +25.6% against Consumer & Retail -7.7% (33.2 points ahead); Hero Motocorp +3.3% against Auto -4.4% (7.7 points ahead).
- At least 25% below the 52-week high: Reliance Industries (Jio) (26%).
- Meesho: 52-week and period figures are measured since it listed on 10 Dec 2025.
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Reliance Industries (Jio)RELIANCE · Oil & Energy | ₹1,173.60 | +1.4% | -3.3% | -8.7% | -26.3% | 0.2× | — |
| MeeshoMEESHO · Consumer & Retail · Listed 10 Dec 2025 | ₹225.81 | -0.9% | +5.1% | +25.6% | -6.2% | 0.2× | — |
| Hero MotocorpHEROMOTOCO · Auto | ₹5,280.50 | -0.8% | -1.3% | +3.3% | -16.8% | 0.4× | — |
Oil & Energy
1M -4.6% · 3M -4.8%
Reliance Industries (Jio)
Consumer & Retail
1M -4.2% · 3M -7.7%
Meesho
Auto
1M -4.7% · 3M -4.4%
Hero Motocorp
Prices as of 29 Oct 2026, 09:43 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
Q2 results: Adani Enterprises, APSEZ, Hero MotoCorp, 141 more on Oct 28
Sensex, Nifty fall as IT stocks slide, rising oil prices weigh
Jio Platforms Listing Today: Rs 30,213 crore IPO eyes strong debut on Dalal Street
Stock Market LIVE: GIFT Nifty tanks 150 points as oil tops $115; Jio Platforms listing in focus
Meesho Q2 Results: Loss narrows to Rs 132 crore YoY, revenue rises 34%