From mint · Asit Manohar · · 1m 30s
Jio IPO vs Reliance Shares: ₹14,000 Investment Guide
Experts say Reliance shares offer better ₹14,000 returns than Jio IPO for long-term investors.
In brief
Experts say Reliance shares offer better ₹14,000 returns than Jio IPO for long-term investors. Reliance shares could rise to ₹1,550-1,700 by year-end for ₹14,000 investors, while Jio IPO may yield 25% in one week. Originally reported by mint.
Jio IPO or Reliance Shares
Experts suggest an investor with ₹14,000 can choose between Jio IPO allotment or Reliance shares for future gains.
Reliance Shares Performance
Reliance shares rose 0.50% to ₹1,209 after strong buying interest from the market.
Jio IPO Subscription
Jio Platforms IPO was fully subscribed within an hour of opening for subscription.
Reliance as Core Company
Reliance Industries would remain the core company of the Reliance Group after value unlock from Jio Platforms.
Long-Term Investor Advice
Long-term investors should buy Reliance shares instead of applying for Jio IPO due to value unlock benefits.
Value Unlock Impact
Reliance shares expected to rise ₹350-500 per share due to value unlock from Jio Platforms.
Reliance Share Target
Reliance shares expected to reach ₹1,550-1,700 by year-end for investors with ₹14,000.
Jio IPO Listing Price
Jio Platforms IPO listing price expected between ₹1,350-1,400 based on grey market premium.
Short-Term Investor Advice
Short-term investors should apply for Jio IPO as it may yield up to 25% in one week.
Grey Market Premium
Jio Platforms' grey market premium today is ₹280, ₹20 higher than yesterday's ₹260.
Jio IPO Listing Gain
Jio IPO listing may provide 25% gain on investment for allotted shares.
The headline
Reliance shares could rise to ₹1,550-1,700 by year-end for ₹14,000 investors, while Jio IPO may yield 25% in one week.
