Editor
Shares of Jio Financial Services (JFS), which was demerged from Reliance Industries (RIL) last month, will get listed on stock exchanges on August 21 (Monday). During a price-discovery session on July 20, shares of JFS were valued at Rs 261.85 apiece, implying a valuation of Rs 1.66 trillion ($20 billion).
Experts believe the stock could top the Rs 300-mark.
“The stock could list at around Rs 300. If one excludes the…
