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Jio effect! Reliance beats Tata to become India's most valued conglomerate

Jio Platforms listing has propelled the Reliance Group to become Indias most valuable conglomerate, with a combined market capitalisation of over Rs 28 lakh crore, surpassing the Tata Group. Jio debuted at Rs 1,358, a 21% premium to its IPO price of Rs 1,119, adding over Rs 12.5 lakh crore to Reliance Groups market value.

28 Oct 2026 1:26 pm