Reliance Jio IPO a win-win for telecom stocks! RIL, Airtel and Vodafone Idea shares rise up to 3.6%- What should you do?

Wait 5 sec.

Telecom shares rose on Thursday, led by Bharti Airtel, as Jio Platforms’ IPO filing renewed investor focus on the sector. Jio plans to raise up to ₹30,213 crore in a fresh issue, with proceeds partly earmarked to repay subsidiary borrowings.