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After bumper earnings, analysts say Reliance stock will continue to fly, helped by Jio

Updated : July 31, 2020 03:14 PM IST

Jio’s total wireless data traffic rose 30.2 percent on-year to 1,420 crore GB while the subscriber base increased to 398.3 million versus 388 million, QoQ.
Indian telco had increased tariffs in December 2019. Analysts expect an additional 5 percent benefit of the price hike to accrue in Q2FY21.
After bumper earnings, analysts say Reliance stock will continue to fly, helped by Jio

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