Jio IPO Big Announcement: Will Reliance Stock Rally 35% Now? | G Chokkalingam Explained

Reliance Industries has returned to the spotlight following renewed focus on the potential listing of Jio Platforms, a move that many investors believe could unlock significant value for shareholders. While the stock has underperformed over the past year, expectations are building around the next phase of growth driven by digital, consumer and technology businesses. G Chokkalingam, Founder & MD, Equinomics Research, believes the Jio IPO could act as a major catalyst by helping reduce consolidated debt costs and strengthening Reliance's ability to fund future expansion. He also highlighted the company's growing presence across AI, FMCG, digital services and new energy segments. According to Chokkalingam, Reliance is gradually transforming from a traditional oil and gas company into a diversified consumer and technology-driven conglomerate, creating the potential for a meaningful re-rating over the medium to long term.