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Stealth • 9m

Jio Financial Services (JFS) is making big moves. Yes! Jio DHAN DHANA DHAN! They're set to buy telecom equipment and infrastructure from Reliance Retail for about Rs 36,000 crore to boost their lending business. They're also aiming to increase foreign stake up to 49%. JFS recently reported its FY24 results. As of May 25, 2024, JFS shares were at Rs 357.75 on the NSE, down 1.23%. Their market cap stands at Rs 233,642.03 crore, a solid contender in the market. Despite a high TTM PE ratio of 145.61x, JFS’s PEG ratio is under 1, hinting it might be undervalued. Founded in 1999, JFS operates in the NBFC sector but keeps its key products and revenue segments mostly under wraps. What’s next for Jio Financial? Did you invested?

0 replies3 likes

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Jeet Sarkar

Stealth • 10m

Gujarat-based Vodafone Idea (Vi) has raised about Rs 5,400 crore from anchor investors, including GQG Partners, Fidelity Investments, UBS Fund Management, Jupiter Fund Management, and Australian Super, besides Indian investors such as India Infoline,

5 replies6 likes

Inactive

Stealth • 9m

Ixigo just got the green light from SEBI for its Rs 1,600 crore IPO. Yep, they're aiming to raise Rs 750 crore with fresh shares and offload another Rs 850 crore. Investors like Saif Partners and Micromax are cashing out big. Ixigo’s founders ar

1 replies3 likes

Anonymous

Stealth • 7m

😨🤯 Mukesh Ambani's Reliance Jio may launch a mega IPO next year, with a potential valuation of more than Rs 9.3 lakh crore, Moneycontrol reported, citing a Jefferies note. Jio 'could list at $112 billion valuation' and add '7-15% upside' to the Re

8 replies18 likes

Harsh Dwivedi
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Medial • 5m

Top News of the Day: 1. OpenAI in talks for funding round valuing it above $100 billion 2. Nvidia's quarterly earnings forecast has left Wall Street and investors unimpressed, causing a 6% drop in the company's shares in after-trading hours 3. Ope

5 replies34 likes

Harsh Dwivedi
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Medial • 16d

Top News of the Day: 1. OpenAI CEO Sam Altman highlights India's growing significance in AI, noting a tripling of Indian users in the past year. 2. The government-backed Open Network for Digital Commerce (ONDC) postponed its network infrastructure

0 replies35 likes

PRATHAM
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Medial • 8m

Tesla: The Electric Revolution on Four Wheels A EV car company that's more valuable than the next 9 automakers combined, and sells fewer cars than all. That's Tesla for you! With a market cap of $545 billion and 18% global EV market share( Chhota pa

15 replies9 likes

Harsh Dwivedi
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Medial • 1m

Top News of the Day: 1. Reliance posts record Rs 21,930 Cr profit as Jio, retail fuel growth 2. Netradyne, a SaaS provider of artificial intelligence (AI) and edge computing, has raised a $90 million Series D round led by Point72 Private Investment

1 replies34 likes

Harsh Dwivedi
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Medial • 7d

Top News of the Week 1. Funding: - On a weekly basis, startup funding surged by 2.7X to $375.52 million as compared to around $136.93 million raised during the previous week. - During the week, 32 Indian startups collectively secured approximately

3 replies23 likes

Aakash kashyap

Stealth • 3m

Playbook Partners: 🚀 Fueling the Growth of India’s Mid-Market Tech Startups ▫️ From Corporate Boardrooms to Building Empires Meet Vikas Chaudhary, the visionary who once walked the halls of Reliance Jio with Mukesh Ambani. After five transformati

0 replies8 likes

Harsh Dwivedi
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Medial • 4m

Top News of the Day: 1. Peak XV downsizes its $2.85 billion fund by 16% a year after Sequoia US-India split 2. Adani Enterprises’ $1.3 billion stake sale expected to start early next wee 3. X agrees to pay Brazil fines, court orders finances unblo

0 replies44 likes