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Reliance Industries share price has touched a new high, surpassing a market capitalisation milestone of Rs 20 lakh crore earlier this week after remaining within a range for the past three years ....
Jio Ipo: "BUY-rated Reliance Industries holds 67% of RJio and valuation is 60% higher than the 33% stake from the 2020 sale that raised US$20bn. We also expect RJio’s planned IPO to serve as a further catalyst for BUY-rated Bharti stock," CLSA analyst Deepti Chaturvedi said. ....
"BUY-rated Reliance Industries holds 67% of RJio and valuation is 60% higher than the 33% stake from the 2020 sale that raised US$20bn. We also expect RJios planned IPO to serve as a further catalyst for BUY-rated Bharti stock," CLSA analyst Deepti Chaturvedi said. ....
RJio IPO: CLSA said with a likely RJio IPO ahead, which the RIL management talked of in 2019 would be a rerating catalyst for Bharti. Its target of Rs 1,110 for Bharti Airtel translates to 10 times EV/Ebitda for India operations.