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.
Waaree Energies, Vishal Mega among 8 stocks on which brokerages initiated coverage
Brokerage firms have initiated coverage on stocks like BSE, Dixon Technologies, Swiggy, Ixigo, Waaree Energies, and Vishal Mega Mart, expressing bullish views.