Jio becomes India’s second-most valuable company: How its listing pushed Reliance past Tatas, Adanis

Jio Platforms has risen to become India's second-most valuable company, with a market capitalisation of Rs 12.53 lakh crore following its listing on October 28 at Rs 1,358, a 21.3 per cent premium. This has pushed Reliance Industries, which retains the top position with a market capitalisation of Rs 16 lakh crore, ahead of the Tata and Adani groups. With Jio's listing, the Reliance group's combined market capitalisation now stands at Rs 29.90 lakh crore, ahead of the Tata and Adani groups.

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