Brokerages have given a thumbs-up to the across-the-board tariff hike by Reliance Jio (Jio) in its prepaid plans.
Jefferies has raised the stock's 12-month price target to ₹ 2,950 from ₹ 2,880 earlier. In the best-case scenario, the global research and brokerage house sees it at ₹ 3,400 levels in 12 months from now.
Jio, following its peers Bharti Airtel and Vodafone Idea (Vi), hiked its prepaid tariff plans by around 20 per cent across the board (including 21 per cent in the base Jio Phone level plans) over the weekend. The new tariff comes into effect starting December 1.
Reacting to the development, RIL surged nearly 4 per cent to ₹ 2,497.90 on the BSE in Monday's intra-day trade. It closed at ₹ 2,442.50, up 1.26 per cent.
ãã®èšäºã¯ Business Standard ã® November 30, 2021 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã ?  ãµã€ã³ã€ã³
ãã®èšäºã¯ Business Standard ã® November 30, 2021 çã«æ²èŒãããŠããŸãã
7 æ¥éã® Magzter GOLD ç¡æãã©ã€ã¢ã«ãéå§ããŠãäœåãã®å³éžããããã¬ãã¢ã ã¹ããŒãªãŒã8,500 以äžã®éèªãæ°èã«ã¢ã¯ã»ã¹ããŠãã ããã
ãã§ã«è³Œèªè ã§ã? ãµã€ã³ã€ã³
Trai dials National Numbering Plan tweak
The Telecom Regulatory Authority of India (Trai) on Thursday issued a consultation paper on revising the National Numbering Plan to create a sustainable pool of new phone numbers for the country's nearly 1.2 billion mobile phone connections.
South, East India accounted for 67% of heatwave days in 2023
The number of heatwave days in east and southern peninsular India during peak summer in 2023 almost doubled and accounted for nearly two-thirds of the total heatwave days experienced across the country, the latest data released by the National Statistical Office (NSO) showed.
Monsoon reaches Maharashtra: IMD
Southwest monsoon reached Maharashtra on Thursday, bringing respite to the state where many parts have been reeling under scorching heat and severe water shortage.
EV portfolio to drive Uno Minda growth
The stock of auto component maker Uno Minda jumped 13 per cent on Thursday after it announced a technical licensing agreement with ChinaInovance based Suzhou Automotive Company.
New govt to boost infra sector, but expect some hurdles
The general elections inevitably led to a slowdown in government projects through Q4FY24 and Q1FY25 with muted activity.
Markets extend gains as govt formation nears
Sensex jumps 692 pts, Vix slumps for 2nd day
MF platforms face backlash over delay in unit allotments
Several investors wanting to invest in mutual fund (MF) schemes, amid the selloff in the market on Tuesday, were left in the lurch as online MF investment platforms failed to execute the transactions on time.
Over $2 bn exodus: PEs, promoters swiftly reacted before poll verdict
Share sales hold breath for government clarity
Sebi's warning to ICICI Bank over ICICI Securities delisting
The Securities and Exchange Board of India (Sebi) on Thursday issued a warning to ICICI Bank for flouting norms during its outreach programme to the shareholder of broking firm ICICI Securities to vote in favour of the delisting.
The ageism debate
India will gain from raising the retirement age
