Jio Platforms shares to be available under MTF from Day 1. What should investors know?
Reliance Industries set out an expansion in a quarterly results development with October 28 in focus.
· Economic Times Markets, LiveMint Markets
Jio Platforms shares are set to debut on October 28 and will be available under the Margin Trading Facility (MTF) from day one. The stock commands a grey market premium of Rs 246-247 over its IPO price of Rs 1,119. The issue was subscribed 22.19 times, while analysts see long-term growth potential in Jio’s telecom leadership and expanding digital businesses.
Key facts
- Dates in focus
- October 28
The analysis
Reliance Industries reported Rs 246 and Rs 1,119. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -0.2% on the day at ₹1,164.90, and has returned -9.9% over three months. It sits 27% below its 52-week high, which means a good deal of bad news was already in the price. The oil & energy sector has moved -5.7% over the same period, so Reliance Industries is running 4.2 points behind its peers.
For Reliance Industries, the question is how much of this is already reflected in the price and how much re-rates the oil & energy peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
- Listing activity is a read on risk appetite — a hot primary market usually means a confident secondary one.
Market context
- In focus: Reliance Industries (Jio) (RELIANCE), in Oil & Energy.
- Over three months: Reliance Industries (Jio) -9.9% against Oil & Energy -5.7% (4.2 points behind).
- At least 25% below the 52-week high: Reliance Industries (Jio) (27%).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Reliance Industries (Jio)RELIANCE · Oil & Energy | ₹1,164.90 | -0.2% | -1.9% | -9.9% | -26.8% | 1.0× | — |
Oil & Energy
1M -4.8% · 3M -5.7%
Reliance Industries (Jio)
Telecom & Media
1M -0.2% · 3M +0.9%
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
No. 2 on Day 1: How Jio Platforms broke India’s market cap hierarchy on debut itself
Reliance Industries Q2 results today: Can the old economy rescue the new Reliance?
Q2 Results Live: Varun Beverages Q3 Net Profit Rises 14% YoY; Reliance Slips, Sun Pharma Gains Ahead Of Earnings
Retail investors tap $234 mn in margin funding to trade Jio on debut day
GAIL Q2 Results: Profit zooms 139% YoY to Rs 4,720 crore, revenue rises 33%; board approves GAIL Gas IPO