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Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target

NDTV ProfitJio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target
Image: Economic Times

Jio Platforms has received its first Buy recommendation ahead of its stock market debut, with Nomura setting a target price of Rs 1,340, implying 20% upside from the issue price of Rs 1,119. The brokerage cites Jio’s leadership in wireless subscribers,…

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