TechCNBC1h ago
Jio Platforms, India's largest telecom and digital services company
Jio Platforms, India's largest telecom and digital services company, rose 21.4% in its trading debut after raising ~$3.2B in the country's largest IPO
TL;DRJio's IPO surged 21% on debut after raising $3.2B in India's largest offering.
Why it matters: Signals strong investor confidence in India's tech/telecom sector and validates Jio's market dominance.
Jio Platforms' shares rose 21.4% on their trading debut Wednesday after a record initial public offering that was lapped up by retail as well as institutional investors.
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