The record date for demerger is 20 July and RIL shareholders will be issued Jio Financial Services (JFS) shares in a ratio of 1:1 (one equity share of Jio Financial Services for every share held in RIL). This led to an investor rush to buy RIL shares and be rewarded with shares of the financial services business that may see good gains post its listing, said analysts.
Analysts have been valuing Jio Financial Services shares in RIL SOTP (sum of the parts valuations) in the range of ₹125-225. Analysts at a foreign brokerage based on core net worth of Jio Financial Services and its value of stake in RIL, have valued Jio Financial Services in the range of ₹90,000 crore to ₹1.5 trillion, implying a ₹134-224 per share in RIL'S SOTP valuation.
Bu hikaye Mint Mumbai dergisinin July 17, 2023 sayısından alınmıştır.
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Bu hikaye Mint Mumbai dergisinin July 17, 2023 sayısından alınmıştır.
Start your 7-day Magzter GOLD free trial to access thousands of curated premium stories, and 9,000+ magazines and newspapers.
Already a subscriber? Giriş Yap
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