Jio platform shares jump over 5%, investors made huge profit: The shares of Jio Platforms saw a huge surge today. The stock opened at Rs 1,448 on the BSE and was seen trading at Rs 1,475 by 9:42 am. The stock has increased by Rs 58 or about 4.09%. The company’s shares gave good returns to investors even on listing day.
Jio Platforms has achieved a significant milestone with its impressive stock market debut. The company has now joined a select group of companies with a valuation of over $100 billion at the time of its IPO. Shares of Jio Platforms jumped another 5% on Thursday, extending gains after a strong market debut at a 21.36% premium to the IPO price. At the end of trading, the stock closed at ₹1,419, representing a 26.81% increase over the issue price. At this price, investors who acquired one share in the IPO would have earned a profit of ₹300 per share.
Jio’s financial performance has also boosted investor confidence. Between FY2024 and FY2026, its revenue and EBITDA grew at an annual rate of around 16%, while profit increased by 18%. Its EBITDA margin reached 50% in FY2026.
However, future share price movements will depend on the company’s financial performance, market demand and overall market conditions, financial experts say.
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