Reliance Industries shares fall 6% in a month ahead of Jio Platforms IPO
Analysts view the Jio Platforms IPO as a key factor for Reliance Industries, while any allocation to RIL shareholders remains unguaranteed.
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what happened
New Delhi, Oct. 12. Reliance Industries Ltd (RIL) shares have lost 6% in a month amid selling pressure ahead of the Jio Platforms IPO. Mint reports that market experts see the decline as an opportunity to buy RIL shares at a price close to Jio Platforms’ IPO band of Rs.1,065 to Rs.1,119 per share and potentially benefit from value unlocking.
However, Jio Platforms shares are not guaranteed to be distributed to all RIL shareholders. Experts consider the planned IPO a key factor for Reliance Industries, although its impact is not necessarily negative. Sentiment has weakened after reports valued Jio Platforms at approximately $114 billion, or around Rs.10.3 lakh crore, below earlier speculative estimates of $130 billion to $170 billion.
According to the experts, Rs.1,200 remains a hurdle for Reliance Industries shares. A break above that level could allow the stock to move toward around Rs.1,265. Mint says the article is for educational and informational purposes, while the views cited belong to individual analysts or broking companies, not the publication.
why it matters
The Jio Platforms IPO may influence Reliance Industries’ valuation, but uncertainty remains over the offering’s valuation and any potential allocation to RIL shareholders.
instruments
sources
- RIL shares: Reliance Industries stock slides 6% in a month, can Jio Platforms IPO aid the bounce back? Experts' views — Mint, 12 October 2026 at 08:36 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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