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Reliance AGM 2026: Deven Choksey On Jio IPO, Retail And Renewable Businesses Ahead

Reliance AGM 2026: Deven Choksey On Jio IPO, Retail And Renewable Businesses Ahead

Shailendra Bhatnagar
Shailendra Bhatnagar
  • New Delhi,
  • Jun 19, 2026,
  • Updated Jun 19, 2026, 2:19 PM IST

All eyes are on Reliance Industries' AGM as investors await key announcements from Mukesh Ambani on the future of Jio Platforms and the group's growth roadmap. The market is expecting updates on 5G monetization, AI-driven services, broadband expansion, and satellite communication initiatives. During the discussion, Deven Choksey, MD, DR Choksey FinServ Private, highlighted that Jio could be one of the biggest value-unlocking stories in the Indian market, with a potential valuation of ₹8-10 lakh crore not fully reflected in Reliance's stock price. He also pointed to strong growth opportunities from AI services, fixed wireless access, enterprise solutions, and Jio's satellite communication business. Investors will closely watch whether Reliance outlines a clear roadmap for the next phase of growth.

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