Jio Platforms Share Price Today: Day Two After Listing, Opens at Rs 1,445.90, Touches Rs 1,489.70 and What to Watch Next

A stock that has already gained over a quarter in a day invites two opposite questions: is there more to come, and is it too late? This article explains how the Jio Platforms share price today compares with the issue price and the listing-day range, what the valuation and the first reported quarter show, how the chart reads after only two sessions, and what could move the stock next, using prices at 9:46 AM IST.

Two flags. The 5% figure in headlines is the intraday high and not the open: the stock opened about 2% higher, and the price has since eased. Market capitalisation figures also differ by source, because they use different prices, with one report giving about Rs 13.70 trillion at Rs 1,489. Lock-in details and any analyst targets were not in the material I could read. It is educational and not advice.

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Jio Platforms Share Price Today: Day Two Snapshot

Jio Platforms share price today: item	Jio Platforms share price today: value (NSE, 9:46 AM IST)
Jio Platforms share price today: last price	Rs 1,469.20, up 3.65%
Previous close (listing day)	Rs 1,417.50
Day open, high and low	Rs 1,445.90, Rs 1,489.70 and Rs 1,442
Volume so far	About 1.75 crore shares
Issue price	Rs 1,119
Gain over the issue price	About 31.3% at the last price; about 33.1% at the high (my calculation)
Jio Platforms market capitalisation	About Rs 13.5 lakh crore (my estimate, scaling the data provider figure of Rs 13,05,242 crore)

The Jio Platforms share price today is holding well above the listing-day open of Rs 1,358, and the day's low of Rs 1,442 is above the previous close. That means buyers have so far defended the listing-day gain, but only about 15 minutes of day-two volume is in these numbers, and early moves often change. The intraday high of Rs 1,489.70 is the level to watch on the upside.

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Listing Day Recap: How the Jio Platforms Share Price Today Got Here

Jio Platforms share price today: listing day (28 Oct)	Rs	Versus the issue price (my calculation)
Issue price	1,119	Base
Listing-day open	1,358	About +21.4%
Listing-day low	1,357	About +21.3%
Listing-day high	1,423.90	About +27.2%
Listing-day close	1,417.50	About +26.7%
Day-two open (29 Oct)	1,445.90	About +29.2%

The listing-day pattern was strong from the first trade: the stock opened near its low and closed near its high on volume of about 17.7 crore shares on the NSE. Day two has started above that close. Strong listing days do not always carry over, so the Jio Platforms share price today should be judged by whether it holds above Rs 1,417.50 and Rs 1,358 in the next few sessions.

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Valuation: What the Numbers Say About the Jio Platforms Stock

Jio Platforms share price today: valuation measure	Jio Platforms	Comparison
P/E (data provider)	43.44	Industry P/E 17.58
P/B	3.56	Book value per share Rs 397.64
EPS (trailing)	Rs 32.63	Price is about 45 times this at Rs 1,469.20 (my calculation)
Return on equity	8.95%	Modest for the premium multiple
Debt to equity	0.25	Low

At a P/E above 43 against an industry figure under 18, the market is paying for scale and growth and not for current returns, since the return on equity is under 9%. The data provider's industry P/E may not be a clean peer set for a company with Jio's business mix, so treat the comparison as indicative. The Jio Platforms share price today therefore depends on whether growth justifies the multiple.

First Reported Quarter: Revenue and Margin Behind the Jio Platforms Stock

Jio Platforms share price today: quarter (Rs crore)	Mar 2026 quarter	Jun 2026 quarter	Change
Revenue	35,686.4	40,197.9	Up about 12.6% (my calculation)
EBITDA	18,135.1	20,864.5	Up about 15.0%
EBITDA margin	51.77%	53.26%	Up about 1.5 percentage points
Net profit	7,110.4	7,764.1	Up about 9.2%
Net profit margin	20.31%	19.82%	Down about 0.5 percentage points

The EBITDA margin above 53% is the operating strength, while the net margin near 20% shows how much goes to depreciation, interest and tax. Sequential growth in revenue of about 12.6% is healthy, but it is quarter-on-quarter and not year-on-year, because a like-for-like year-ago figure was not in the data. The next quarterly result will be the first test of the Jio Platforms share price against reported numbers after listing.

Chart Check: What Two Sessions Can and Cannot Tell You

With only two sessions of history, most indicators are not available. The 20-day EMA from the data provider is Rs 1,422.50, which is built from just the two days and sits close to the listing-day close, so it is not a reliable trend line yet. The price at Rs 1,469.20 is about 3.3% above it (my calculation). Support references from the listing day are Rs 1,417.50, Rs 1,358 and the issue price of Rs 1,119, and resistance is the Rs 1,489.70 high.

Jio Platforms share price today: level	Rs	Distance from Rs 1,469.20 (my calculation)
Day-two high (resistance)	1,489.70	About +1.4%
Listing-day close (support)	1,417.50	About -3.5%
Listing-day open (support)	1,358	About -7.6%
Issue price	1,119	About -23.8%

What Could Move the Jio Platforms Share Price Today and Next Week

Three things decide direction over the coming sessions. The first is flows: if institutions that missed the allotment keep buying, the Jio Platforms share price today can hold its gains, and if early holders sell, the stock can slip toward Rs 1,417.50. The second is the broader market, because Indian shares have fallen in six of the last seven sessions and Brent crude near $114 weighs on sentiment. The third is the next quarterly result, which will show whether the margin above 53% is holding.

A practical way to follow the Jio Platforms share price today is to note the day's high and low at a fixed time each day and watch whether the low keeps rising. A rising low with steady volume points to demand, and a falling low with rising volume points to supply. That is an observation method and not a prediction.

Risks Around the Jio Platforms Share Price Today

1. Early volatility. A Jio Platforms stock up about 31% in two sessions can reverse quickly, and the Jio Platforms share price today can move several percent in a day.
2. Valuation. A P/E above 43 and a return on equity under 9% leave little room for disappointment in the Jio Platforms share price today.
3. Large supply. Big listings can see selling from early holders, and lock-in details were not in the material I read.
4. Few data points. Only one reported quarter and two trading sessions are available, so trend indicators are unreliable.
5. Market conditions. Elevated Brent crude, a weak rupee and recent heavy selling in Indian equities can pull the stock down with the index.
6. Source differences. Jio Platforms market capitalisation and percentage moves differ by source and time, so cross-check before you rely on any one figure.

Conclusion: The Jio Platforms Share Price Today Is Strong, but It Is Early

The Jio Platforms share price today is Rs 1,469.20, about 31% above the issue price, after a day-two high of Rs 1,489.70. The operating margin is strong, the valuation is high, and two sessions are too few to call a trend. Watch Rs 1,417.50 and Rs 1,489.70, read the next quarterly result, and decide based on your own risk profile.

Frequently Asked Questions

What is the Jio Platforms share price today?

Ans. The Jio Platforms share price today was Rs 1,469.20 on the NSE at 9:46 AM IST on 29 Oct 2026, up 3.65% from Rs 1,417.50. It opened at Rs 1,445.90, touched a high of Rs 1,489.70 and a low of Rs 1,442.

How far has the Jio Platforms share price today moved from the issue price?

Ans. The issue price was Rs 1,119, so Rs 1,469.20 is a gain of about 31.3% and the day-two high of Rs 1,489.70 is about 33.1% (my calculation). The stock closed its listing day at Rs 1,417.50, up about 26.7%.

Did the Jio Platforms share price open 5% higher today?

Ans. No, it opened at Rs 1,445.90, about 2% above the previous close. The roughly 5% figure in headlines refers to the intraday high of about Rs 1,489 to Rs 1,489.70.

What is the Jio Platforms market capitalisation?

Ans. At Rs 1,469.20 it is about Rs 13.5 lakh crore (my estimate, scaled from the data provider figure). One report gave about Rs 13.70 trillion at Rs 1,489, so the number depends on the price used.

Is the Jio Platforms share price today expensive?

Ans. The P/E is 43.44 against an industry P/E of 17.58, the P/B is 3.56 and the return on equity is 8.95%. The valuation reflects growth expectations, and whether it is expensive depends on how fast earnings grow.

What results sit behind the Jio Platforms share price today for the June 2026 quarter?

Ans. Revenue was Rs 40,197.9 crore, EBITDA Rs 20,864.5 crore with a margin of 53.26%, and net profit Rs 7,764.1 crore. Revenue was up about 12.6% from the March 2026 quarter (my calculation).

What levels matter for the Jio Platforms share price today?

Ans. On the upside, Rs 1,489.70 is the day-two high. On the downside, the listing-day close of Rs 1,417.50 and the listing-day open of Rs 1,358 are the nearest references, and the issue price is Rs 1,119.

Is this article investment advice?

Ans. No. It is educational and not a recommendation to buy or sell. Please check the figures against company filings and your own risk profile before you act on anything you read here.