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Bharti Airtel shares jump 3% after Q2 net profit rises 31% YoY. What are brokerages saying?
Bharti Airtel shares rose on Friday after the telecom major reported a 31% year-on-year rise in Q2 FY27 net profit to Rs 8,887.5 crore. Revenue grew 17%, while ARPU improved to Rs 271. Brokerages largely remained positive, citing strong growth, improving margins and healthy cash flow generation.
Ambani's Jio Platforms explores tech-for-equity talks with Comcast and Charter, sources say
Jio Platforms, controlled by Mukesh Ambani's Reliance Industries, is exploring international partnerships for its broadband technology. The company has discussed potential collaborations with Comcast, Charter Communications, and South Africa's MTN Group. Negotiations with MTN fell through due to disagreements on valuation and licensing issues. Jio aims to secure 10 to 15 global partners for its proprietary system. There is currently no set timeframe for reaching a definitive agreement.
SpaceX in talks to buy Boost Mobile or use its network: Report
The Elon Musk-led rocket maker is looking to build a hybrid satellite-terrestrial mobile network through Starlink Mobile to challenge US wireless giants AT&T, Verizon and T-Mobile, combining its satellite constellation with ground based infrastructure to compete directly in the telecom market.
Jio Platforms shares climb over 3% after Q2 PAT rises 14% YoY to Rs 8,389 crore. Buy, sell or hold?
Jio Platforms reported a 14% year-on-year rise in September-quarter net profit in its first earnings announcement since listing. Subscriber additions, 5G adoption and digital services supported growth, while brokerages retained Buy ratings with target prices of Rs 1,340 and Rs 1,350.
Time to be be cautious in the market, convinced about the business: 5 large-cap stocks with upside potential of up to 22%
This is the time to focus on businesses that have lived through storms like this before and come out the other side. The large, proven names are where quality is to be found, and they have lagged badly enough that the odds are now tilting in their favour. Just wait for the mood to finally turn.
Jio Platforms profit zooms 14% on healthy user mix, digital play
Jio Platforms has unveiled an impressive 14% net profit growth to ₹8,387 crore for the September quarter, achieving a milestone subscriber count of 542 million, which includes 300 million utilizing 5G services. Revenue from operations climbed to ₹40,475 crore, fueled by a surge in digital services and a boost in average revenue per user, now at ₹218.8.
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Jio Platforms Q2 Results: Profit rises 14% YoY to Rs 8,389 crore; revenue up 11%
Jio Q2 Results: Jio Platforms reported a 14% year-on-year rise in net profit to Rs 8,389 crore in Q2 FY27, its first results after listing. Revenue grew 11% to Rs 40,475 crore, supported by subscriber additions, growth in digital services and a marginal increase in ARPU.
Jio’s connectivity push gathers pace, 5G base hits 300 million and broadband homes 30 million
Jio Platforms reported a 28% increase in its 5G subscriber base and a 32% rise in home broadband connections. By the end of the September quarter, Jio had added 66 million 5G customers, reaching a total of 300 million subscribers. The company acquired 15 million new 5G users sequentially during the third quarter. Jio is now the world's largest 5G operator outside China.
Jio Platforms share price up 28% from IPO price. Here’s what these 4 brokerages are saying
Jio Platforms shares extended their post-listing rally, rising over 28% in three sessions. Nomura, Motilal Oswal, Dolat Capital and Elara Capital remain positive, citing tariff hikes, 5G monetisation, broadband expansion and digital services growth.
Jio Platforms is becoming more than a telecom company: Dolat Capital
Jio Platforms is poised to evolve beyond telecom as tariff hikes, 5G monetisation, home broadband and enterprise digital services drive its next growth phase, according to Dolat Capital. The brokerage initiated coverage with an Accumulate rating and a target price of Rs 1,435, citing strong growth prospects and rising free cash flow.
Jio Platforms delivers biggest listing gain among India’s 5 largest IPOs, jumps 21% on debut
Jio Platforms shares listed at a 21.35% premium to the IPO price of Rs 1,119, delivering the biggest listing-day gain among India’s five largest IPOs by issue size. Brokerages Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings, citing tariff hikes, subscriber monetisation and digital services growth.
Jio Platforms shares jump 5% on Day 2 after ending 27% higher on debut day. Buy, sell or hold?
Jio Platforms shares rose further after a strong market debut, climbing over 32% above the IPO price. Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings, citing tariff hikes, ARPU growth and digital services opportunities.
UAE, Canada space firms in alliance as nations seek Starlink alternatives
Terrestar Solutions Inc. has entered into a partnership with Space42 Plc and Viasat Inc. to enhance mobile satellite connectivity. This collaboration aims to create an open standard for sharing satellite infrastructure globally. The parties signed a memorandum of understanding in Ottawa during an important diplomatic visit. Terrestar plans to develop a low-Earth orbit satellite system to improve coverage in underserved areas.
From Dhirubhai Ambani’s Rs 10 crore IPO to Akash Ambani’s Rs 12.5 lakh crore Jio debut: Reliance’s biggest wealth story
Jio Platforms’ Rs 12.5 lakh crore debut marks a new milestone in the Ambani family’s wealth creation journey, tracing Reliance’s evolution from its Rs 10 crore IPO in 1977 to a digital technology giant.
No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy in debut trade
Jio Platforms made a blockbuster stock market debut, listing at a 21.3% premium over its IPO price of Rs 1,119 at Rs 1,358 on the BSE. With a market capitalisation of around Rs 12.5 lakh crore, it became India’s second-most valuable listed company after parent Reliance Industries, overtaking Bharti Airtel. The debut also made Jio India’s largest listed telecom company, placing it ahead of major players such as TCS, SBI and Bajaj Finance.
Jio after listing: 5 factors that could drive big returns for long-term investors
Jio Platforms recently debuted on the stock market with a strong initial premium over its IPO price. The company is well-positioned for growth due to its largest subscriber base and potential market expansion. Increased revenue can also result from higher average revenue per user and upcoming tariff hikes. Additionally, Jio's ventures into home broadband, AI, and cloud services present new revenue opportunities.
Jio Platforms shares get 3 Buy calls on Day 1 as Nomura, Motilal and Elara initiate coverage. Check target price
Jio Platforms debuted at a 21.36% premium to its IPO price on Wednesday, while Nomura, Motilal Oswal and Elara Capital initiated coverage with Buy ratings. Brokerages cited telecom leadership, tariff hikes, rising ARPU, digital services and improving cash flow as key growth drivers.
Jio Platforms' post-IPO playbook: What's ahead for No. 2 of Dalal Street?
Reliance Jio Platforms made a blockbuster stock market debut, listing at a 21.4% premium and reaching a $131.5 billion valuation. After India's biggest IPO, investors are watching Jio's next growth engines: tariff hikes, broadband expansion, artificial intelligence, cloud services and stronger cash flows. Can Akash Ambani turn Jio's digital ambitions into sustained earnings and long-term shareholder returns?
Jio Platforms shares list at 21% premium over IPO price. Should investors buy, sell or hold the stock?
JIO Platforms (JPL) Share Price: Jio Platforms made a strong stock market debut, listing at a 21.36% premium over its IPO price of Rs 1,119. The Rs 30,200 crore issue attracted over 1.38 crore applications and was subscribed 22.2 times. Nomura, Motilal Oswal and Elara Capital have initiated coverage with Buy ratings.
Ambani bluechip bet gets bigger: Investors mark 82% of traded Jio shares for holding beyond listing
Jio Platforms saw nearly 82% of its traded volume marked for delivery on debut, with 10.66 crore shares carried into settlement out of 13.02 crore shares traded. The stock listed at a 21.36% premium to its IPO price, while Nomura, Motilal Oswal and Elara Securities initiated coverage with Buy ratings.
1st batch of Agniveers retiring soon: What's the retirement money, career options and benefits they will get
By 2026, approximately 18,300 Agniveers will finish their service in the armed forces, marking a pivotal transition. To ease their shift into civilian life, numerous states have initiated job quotas specifically for ex-Agniveers across different uniformed services and police departments. These initiatives stem from the Agnipath scheme launched in June 2022, which focuses on enlisting younger individuals in military roles.
Isha Ambani says Jio IPO marks a promise, renews Dhirubhai Ambani’s trust with investors
Isha Ambani described Jio Platforms’ stock market debut as a promise to honour the trust of investors and customers, nearly five decades after Dhirubhai Ambani took Reliance Industries public. Jio’s Rs 30,200-crore IPO attracted over Rs 7 lakh crore in demand, with the stock listing at a 21.3% premium.
Jio Platforms gets first Buy call! Nomura says ‘disruptor now the leader’; starts coverage with Rs 1,340 target
Shares of Jio Platforms listed at Rs 1,359 on BSE and NSE, a premium of 21% over the IPO price. Nomura set a target price of Rs 1,340, implying 20% upside from the issue price of Rs 1,119. The brokerage cites Jio’s leadership in wireless subscribers, data traffic and home broadband, adding that its listing could support steady tariff hikes and drive monetisation.
US agency approves Amazon Leo's $11.5 billion acquisition of Globalstar
The Federal Communications Commission said Tuesday it has approved Amazon Leo's $11.5 billion deal to acquire Globalstar as the retail giant's satellite arm aims to build a satellite-based communications network to take on Elon Musk's SpaceX Starlink unit.
Jio Platforms shares to list on BSE, NSE tomorrow; GMP signals 22% premium
Jio Platforms shares are set to list on the BSE and NSE on October 28, with the IPO commanding a grey market premium of around 22%. The Rs 30,213-crore issue was subscribed 22.19 times, led by strong institutional demand. Investors will watch the listing amid Jio’s growth ambitions and financial performance.
T-Mobile T-Mix plans bring Netflix, Apple TV and Xbox Game Pass: Check prices, perks and features
T-Mobile is set to introduce its innovative T-Mix wireless plans this November, designed to offer an enticing mix of mobile services and sought-after subscriptions. Customers can look forward to bundled options like Xbox Game Pass, Netflix, and Apple TV among others. The plans, categorized as Standard, More, and Loaded, will cater to diverse customer needs, with pricing reflecting the number of lines and chosen subscriptions.
Why is Verizon stock down today? Verizon Communications Inc share price falls at US Stock Market
Verizon now expects to add between 1.1 million and 1.2 million postpaid phone subscribers this year compared with earlier projections of 750,000 to 1 million.
Verizon lifts annual forecasts, signs more than $2 billion AI infrastructure deal with AWS
Verizon is feeling positive about the growth of its wireless subscribers, raising its expectations for postpaid phone additions. The company has entered into a significant partnership with Amazon Web Services, securing an AI infrastructure agreement valued at over $2 billion. In the third quarter, Verizon reported a boost in subscribers that surpassed analyst predictions, though revenue dipped due to decreased device upgrades, as users kept their phones for longer.
When noise is high, separate short-term headwinds from long-term business. 5 large-cap stocks with upside potential of up to 23%
For any decision you make in this market over the next three to six months, the first question should be about the business and the company. Is it hard to replace? If the answer is yes, you can ignore the short-term headwinds.
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