Jio Listing Makes Reliance India's Most Valuable Group, Overtaking Tata

TV9 Hindi · stocks

Reliance Group has become India's most valuable conglomerate with a market capitalization exceeding ₹28 lakh crore, surpassing the Tata Group. This surge follows the mega listing of Jio Platforms, which debuted on the stock market at ₹1,358, a 21% premium over its IPO price. By market close, Jio Platforms' market cap exceeded ₹13 lakh crore, contributing significantly to Reliance's overall valuation. The Tata Group, with 18 listed companies, now holds the second position with a market cap of approximately ₹26 lakh crore.