Reliance AGM 2023: Reliance Jio IPO to 5G pricing — top 5 market expectations
Indian stock market experts and investors are eagerly waiting for the 46th AGM (Annual General Meeting) of Reliance Industries Ltd (RIL) as the Sensex heavy weight is expected to unveil its business blueprint for future. According to market experts, after demerger of Jio Financial Services Ltd (JFSL) from RIL, market is expecting some concrete announcement in regard to Future Retail IPO and Reliance Jio IPO.
They said that launch of 5G devices at reasonable price and some succession from the company in this regard is also expected. Apart from this.
some information in regard to the fundamentals of Jio Financial Services Ltd is also expected in upcoming Reliance AGM 2023. Speaking on possible outcomes that one can expect from Reliance AGM 2023 scheduled on Monday next week, Aamar Deo Singh, Head Advisory at Angel One said, "Markets and investors have long viewed Reliance's annual general meetings as a chance for the firm to lay out its future strategy.
This time is no exception. Investors eagerly anticipate the 46th AGM on August 28 with a focus on the timelines for a Reliance Retail business IPO, updates on digital initiatives, advancement of its numerous Clean Energy projects & any additional information on Jio Financial Services (JFS)." The Angel One expert went on to add that markets will also be watching the launch information for the reasonably priced 5G devices, as well as the attractive 5G tariff options and any additional updates regarding the succession plans.
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