Jio valuation may jump to $190 billion by 2028, says CLSA, raises RIL target price to Rs 1,800
- Posted on January 21, 2026
- By Business News Today
- 2 Views
Jio valuation may jump to $190 billion by 2028, says CLSA, raises RIL target price to Rs 1,800
CLSA expects Jio Platforms valuation to surge toward $190 billion by 2028, driven by a potential IPO, accelerating free cash flow, 5G monetisation and subscriber growth, lifting Reliance Industries target price despite more cautious assumptions for retail and new energy.
