Jio Platforms Is Emerging Beyond Telecom as Tariffs, 5G and Enterprise Services Drive Growth: Dolat Capital
Jio Platforms is set to evolve from a pure-play telecom operator into a broader digital and connectivity platform, according to Dolat Capital, which has initiated coverage with an Accumulate rating and a target price of Rs 1,435. The brokerage said tariff hikes, 5G monetisation, home broadband expansion and enterprise digital services could support the company’s next leg of growth while improving free cash flow.
