Jio Platforms recently debuted on the stock market with a strong initial premium over its IPO price. The company is well-positioned for growth due to its largest subscriber base and potential market expansion. Increased revenue can also result from higher average revenue per user and upcoming tariff hikes. Additionally, Jio’s ventures into home broadband, AI, and cloud services present new revenue opportunities.
Bandhan Bank Q2 profit jumps 5.6 times as asset quality improves
Bandhan Bank reported a five-fold rise in Q2 profit to Rs 622 crore, supported by lower provisions and improving asset quality. Net interest income grew