Consensus estimates are too bullish on market share gains, CLSA added. The global investment bank sees market share gain to be difficult, given an increase in the competition.
Jio IPO: Akash, Isha and Anant Ambani to lead IPO process, says Mukesh Ambani
Reliance Industries Chairman Mukesh Ambani announced that the board has approved the draft prospectus for the much-awaited IPO of Jio Platforms, with Akash Ambani, Isha