Analysts see room for more gains in the stock on expectations of a tariff hike, higher average revenue per user (ARPU) – a measure of earnings generated from each user – and lower capex.
Jio IPO’s GMP rises to 22% as India’s largest ever issue set to open on October 21. Should you subscribe?
The IPO is priced at Rs 1,065-1,119 per share and will open on October 21, closing on October 23. At the upper end of the