Reliance Jio’s Q3FY25 earnings missed expectations due to muted user additions, modest ARPU growth, and higher costs. However, Jio’s home broadband business showed strong growth, particularly with its 5G-based FWA services. Enterprise services also saw significant growth in government contracts.
Nifty must defend 23,800 level to retain bullish undertone
Stocks offering short-term trading opportunities include Bharti Airtel, Godrej Consumer, Grasim, Havells, ICICI Bank, Marico, Sun Pharma, Tata Consumer, Navin Fluorine, Persistent Systems, Aarti Industries,