In the previous quarter, the company reported Rs 145 in average revenue per user. Jio claimed its latest JioPhone 2021 offer is at least 2.5 times cheaper than similar offerings by its nearest rivals, Airtel and Vodafone Idea. For now, Ambani's plan appears to be at cross purposes with his company's very basic foundation — fossil fuels, apart from being at odds with a whole range of business alliances that RIL has strived to set up, the most notable among them being the one with Aramco. Wall Street analysts have given The Meet Group a "N/A" rating, but there may be better short-term opportunities in the market. Shares of Hathway Cable declined 8.04 per cent to hit a low of Rs 26.30. Whether you’re looking for analyst ratings, corporate buybacks, dividends, earnings, economic reports, financials, insider trades, IPOs, SEC filings or stock splits, MarketBeat has the objective information you need to analyze any stock. Reliance Jio share price this is the topic of discussion in the present time investor's mind. Learn more. Here are a few stocks which may buzz the most in today's trade. Total Funding. 1040 crore when compared sequentially. Vote “Outperform” if you believe MEET will outperform the S&P 500 over the long term. Here's what analysts say, Rival telcos' deft moves in spectrum auction may compound Voda Idea's woes: Report, Stocks in the news: Ambuja Cements, Airtel, Magma Fincorp, GIC Re, Dish TV and Vedanta, Spectrum auction ends with Rs 77,815 crore bids; Jio top buyer with Rs 57,122 crore, Stocks in the news: Easy Trip Planners, RIL, Bharti Airtel, PG Electroplast and Varroc Engg, Expansion in Airtel user base shows limited impact of Reliance Jio’s offerings, Stocks in the news: BPCL, Sterlite Tech, Bharti Airtel, IDBI Bank & Siemens, Vodafone Idea shares fall over 4% on funding hiccups, Buy Reliance Industries, target price Rs 2240: Motilal Oswal, Night curfew in Bengaluru and Karnataka's six other cities from April 10, Maharashtra mulling full lockdown for at least a week amid surge in Covid infections. Reliance Jio bought Rs 57,122.65 crore worth of spectrum while Vodafone Idea Ltd picked Rs 1,993.40 crore worth of airwaves. You can share your feedback with us on our Google play store page feedback section or write to us at jiomeet.support@jio.com. MarketBeat does not provide personalized financial advice and does not issue recommendations or offers to buy stock or sell any security. MarketBeat just released five new trading ideas, but The Meet Group wasn't one of them. This is aligned to our overall network strategy.”. View The Meet Group's earnings history. One share of MEET stock can currently be purchased for approximately $6.29. Our Accessibility Statement | Terms of Service | Do Not Sell My Information. Brokerage firm Axis Capital observed that "RJio reported QoQ market share improvement, while Bharti Airtel, Vodafone Idea (Vi) and BSNL posted a decline". 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The Jio brand is owned by RELIANCE INDUSTRIES LTD , a company listed in Bombay. You might have heard about Google Glass, a … The Niti Aayog has kept PSBs that were part of the last round of consolidation and State Bank India out of the privatisation plan. Our Technical Analysis Guide will give you the insight into today’s fast-moving markets. The Meet Group does not currently pay a dividend. Any decision on Qualcomm supporting the Jio-Google smartphone or its 400-series Snapdragon chipsets being in play in the budget smartphone would be “confidential to Jio and Google”, Qualcomm India President Rajen Vagadia says. Jio Meet Features. All rights reserved. The 700MHz airwaves went unsold again, like in 2016. The company’s energy business was the worst affected by the Covid-19 pandemic given that the demand for transportation fuel sank due to international travel ban and most people choosing to stay at home. Sign up for MarketBeat All Access to gain access to MarketBeat's full suite of research tools: You have already added five stocks to your watchlist. Gopal Vittal, MD & CEO (India and South Asia), Bharti Airtel said: “The sale of the 800 MHz blocks in these three circles has enabled us to unlock value from spectrum that was unutilised. The report also observed that Jio's net subscriber addition had remained subdued, averaging 2.3 million addition per month against the net subscriber addition of 4.7 million in March 2020, and pointed out that with spectrum constraints now behind, traction in new Jiophone plans are key to revive subscriber addition momentum. The partly-paid shares slumped 4.52 per cent to Rs 1,133.70. Copyright © 2021 Bennett, Coleman & Co. Ltd. All rights reserved. © American Consumer News, LLC dba MarketBeat® 2010-2021. Reliance Industries Ltd., incorporated in the year 1973, is a Large Cap company (having a market cap of Rs 1311632.44 Crore) operating in Diversified sector. The P/E ratio of The Meet Group is 28.59, which means that it is trading at a more expensive P/E ratio than the market average P/E ratio of about 23.62. The plan offers 112GB data with subscription to popular streaming services. View which stocks are hot on social media with MarketBeat's trending stocks report. Cellular Operators Association of India (COAI), the body representing companies such as Reliance Jio, Airtel, Vodafone Idea, expressed reservations on the government’s spectrum pricing strategy and raised fears that much of the airwaves may remain unsold, like in some of the previous rounds. This is the third attempt by Macrotech to launch an IPO. Company profile page for Jio Inc including stock price, company news, press releases, executives, board members, and contact information A comparatively better plan for Reliance Jio users is Rs 599 plan. One share of MEET stock can currently be purchased for approximately $6.29. From the last few month's jio performed many deals with private equity firms most of them are American based private equity firms and Abu Dhabi government investment funds. In May 2020, Jio Platforms was reported to be the fourth largest Indian company by market capitalization. The country’s largest telecom operator by subscriber base reported average revenue per user of Rs 151, which was higher than analysts’ estimate of Rs 148-150. The website does not house any details at the moment, except for an official Jio Meet logo and a message thanking visitors for their interest in the service. Stock price of bharti airtel is souring these days as many investors and analysts believe the future of bharti is bright and can perform well. The tenure of contract is for 25 years. For instance, the Rs 598 plan from Reliance Jio offers the validity of 56 days. Minda Industries Ltd., incorporated in the year 1992, is a Mid Cap company (having a market cap of Rs 11203.46 Crore) operating in Auto Ancillaries sector. We could possibly continue to see the stock remaining lacklustre, says Kunj Bansal. Surrounded by the operations of NYSE-listed gold giants, see how this tiny exploration firm planted its flag in the sweet spot of an emerging gold area-play in Canada’s richest mineral belt. View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Another senior executive at a second operator confirmed the same, adding their legal teams are still going through the revised intermediary guidelines under Section 79 of the Information Technology Act, announced Thursday. Reflectu Gateway Of Digital Life. The high competition for assets often results in an inflated acquisition price. Goldman Sachs expects “Jio to have largely closed its gap with Bharti and Vi on total spectrum,” though it said data carried on the Mukesh Ambani-led telco’s 4G network is almost 2 times that on Airtel’s, and accordingly, the latter’s spectrum holding still remains “materially higher vs Jio”.