Jio Platform IPO: Reliance Stock Under Pressure Post AGM But Brokerages Remain Bullish

Several brokerages maintained a positive rating on Reliance Industries following its Annual General Meeting (AGM) on Aug. 29, Friday, highlighting the company's plan to list Jio Platforms by the first half of 2026. Brokerages are bullish on Reliance Industries, particularly on back of its multi-modal growth segments, spanning various sectors, including retail and telecom. They also highlighted a multi-decadal growth opportunity for the Mukesh Ambani-led conglomerate.