Reliance Industries shares surged as investors anticipate significant value from the upcoming Jio Platforms IPO, alongside advancements in AI and new energy ventures. Brokerages foresee substantial stock upside, with the Jio IPO expected to offer clearer insights into its growth and profitability. The company’s ambitious plans, including an AI plant and scaling new energy, are fueling optimism for continued growth.
KPIT Tech plunges 24% in 3 months as auto demand weakens
KPIT Technologies faces a substantial 24% decline in stock value, predominantly due to obstacles in the automotive sector. The company’s net profit has notably decreased,