Jio Share Price Target: Nomura, Motilal Oswal And Elara Start Coverage With Buy

The post Jio Share Price Target: Nomura, Motilal Oswal And Elara Start Coverage With Buy appeared first on Coinpedia Fintech News

Three brokerages have started coverage of Jio Platforms with Buy ratings on its listing day, setting targets roughly 20% to 22% above the ₹1,119 issue price. Elara Securities has the highest target at ₹1,367, followed by Motilal Oswal at ₹1,350 and Nomura at ₹1,340. Nomura called Jio a scale leader moving into a phase of …