9: Why Jio is the biggest gainer post tariff hikes?

In the latest episode of Mark to Market, we take a look at why Reliance Jio is the biggest gainer post the tariff hikes. Jio revised tariffs are at a meaning discounts to the tariffs announced by Vodafone Idea and Bharti Airtel. Post the tariff hikes, Vodafone Idea and Airtel shares have given up more than half their gains for the week. Some analysts are also beginning to worry about the possibility of downtrading among some customers. Vodafone Idea remains vulnerable given its relatively weaker network.