Jio Platforms draws bullish bets, analysts see up to 28% upside

Four brokerages have begun coverage on Jio Platforms just before its upcoming listing with favorable ratings. Nomura, Motilal Oswal Securities, and Elara Capital issued 'Buy' ratings indicating significant upside potential. Dolat Capital provided an 'Accumulate' rating with a higher target price suggesting a 28% increase. Analysts believe Jio Platforms may influence tariffs in the telecom industry substantially.