Jio Platforms’ upcoming IPO is priced at a premium, reflecting its market leadership and advanced 4G/5G network. Despite smaller revenues than global giants, Jio commands a higher valuation. The company plans to raise over $4 billion, with an anticipated market cap of ₹12-14 lakh crore. While Jio shows strong customer growth and data traffic, Bharti Airtel leads in ARPU and profitability margins.
Did HEG shares really crash 64% in one day? Here’s how the demerger math works
HEG shares opened nearly 64% lower on Monday as the stock adjusted for the company’s demerger, which split its businesses into two separately listed entities.