https://www.thehindubusinessline.com/portfolio/news-analysis/how-shareholders-got-a-premium-for-holding-same-ril-shares-indirectly/article67102657.ece
JFS' valuation of ₹1.77 lakh crore places it among top NBFCs in India; investors have assigned a premium to its yet-to-take-off operations. With licenses in place, JFS has potential in retail lending, payments, and digital broking. Its 6.1% stake in RIL, expe…
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