{
  "id": 17007757,
  "title": "Jio Platforms Share Price Live: Mukesh Ambani's Jio Platforms rally 5% on day 2 after market debut",
  "url": "https://urgent.news/2026/10/29/jio-platforms-share-price-live-mukesh-ambanis-jio-platforms-rally-5",
  "topic": "finance",
  "section": "Finance & Markets",
  "published": "2026-10-29T04:26:19.000Z",
  "source": {
    "name": "Hindu BusinessLine",
    "slug": "hindu-businessline",
    "url": "https://www.thehindubusinessline.com/markets/jio-platforms-share-price-today-jio-platforms-share-price-live-updates-october-29/article71630928.ece"
  },
  "original_language": "en",
  "account": "Jio Platforms, the telecom and digital arm of the Ambani family's Reliance Group, experienced a strong debut on the stock market following its initial public offering (IPO). On Wednesday, the company's shares opened at ₹1,358 on the NSE and BSE, marking a 21.36% premium over the offer price of ₹1,119. By Thursday, the stock had climbed further, reaching ₹1,489.70, a 5% increase from its previous close of ₹1,417.50. This surge has propelled Jio Platforms into the $100 billion club of global technology companies, positioning it as India's second-largest firm by market value.\n\nThe IPO, valued at over ₹12.5 lakh crore, reflects robust demand and strong financial performance. With 533.3 million subscribers, Jio Platforms exhibits potential for ARPU growth and declining capital expenditure. Key growth drivers include tariff hikes, premium plan upgrades, JioAirFiber expansion, 5G monetization, and debt reduction. Investors are advised to monitor ARPU, subscriber additions, churn, home broadband growth, and debt levels in the coming quarters.\n\nAnalysts and industry experts note that while the premium pricing reflects investor confidence in Jio's market leadership and growth prospects, long-term performance will hinge on sustained earnings delivery, tariff increases, and valuation. The company's diverse digital ecosystem, encompassing telecom, broadband, entertainment, cloud, IoT, cybersecurity, and AI services, positions it well for future innovation and expansion.",
  "summary": "Jio Platforms IPO listing today, Jio Platforms share price live updates: Catch real-time share price updates",
  "key_points": [
    "Jio Platforms shares rally 5% on second day after IPO debut",
    "Stock opens at ₹1,358, marking 21.36% premium over offer price",
    "Jio Platforms becomes India's second-largest firm by market value"
  ],
  "editors_take": null,
  "illustration": "https://urgent.news/ill/17007757.png",
  "coverage": {
    "outlets": 3,
    "also_reported_by": [
      {
        "outlet": "NDTV",
        "title": "Stock Market LIVE Updates, Sensex Today: Markets Likely To Open In Green Amid Mixed Global Cues",
        "url": "https://urgent.news/2026/10/29/stock-market-live-updates-sensex-today-markets-likely-to-open-in",
        "published": "2026-10-29T02:49:37.000Z"
      },
      {
        "outlet": "Business Standard IN",
        "title": "Stock Market LIVE: Sensex opens near 72,300, Nifty 50 flat at market opne; Jio Platforms up 4%",
        "url": "https://urgent.news/2026/10/29/stock-market-live-sensex-opens-near-72-300-nifty-50-flat-at-market",
        "published": "2026-10-29T03:47:14.000Z"
      }
    ]
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}