Jio Platforms Shares Rise 5% on Second Day After $3.2 Billion IPO

Jio Platforms, Mukesh Ambani's telecom and digital unit, debuted on the NSE and BSE at ₹1,358, a 21.36% premium over its IPO price of ₹1,119. Following its $3.2 billion IPO, the stock continued to gain momentum, rising 5% to ₹1,489.70 on the second day, positioning the company among the world's top technology firms and making it the sixth-most valuable telecom company globally.

Originally published by gnews