October 28 is a big day for the stock market. Mukesh Ambani’s Jio is going to be listed in the stock market. The special thing is that if the company gets listed, it will be a company worth more than 10 lakh crore rupees. But the bigger question is whether Jio will be able to overtake Airtel in terms of market cap. This question is big because currently Airtel is the second most valuable company in the country. At present Jio is about 20 percent bigger company in terms of market cap as per its issue price. To unseat Airtel from second place, Jio would need to list at a premium of more than 20 percent. If not, the company will lag behind Airtel.

The special thing is that Airtel shares have seen an increase of more than 3 percent on Tuesday. Because of this, the market cap of the company has increased by more than 38 thousand crore rupees. In such a situation, a big challenge has arisen against Jio. On the day of listing, Jio increased its market cap by Rs. More than 2 lakh crore will have to be increased. Which is definitely a bit difficult. Let us also tell you what kind of figures are being seen for Airtel shares in the stock market.

Shares of Airtel rose 3 percent

Shares of Airtel rose over 3 percent on Tuesday, according to BSE data. After the stock market closed, the company’s stock rose 3.18 percent to Rs. closed at 1978 ie Rs. 61. Whichever is the highest level of the day. However, the shares of the company opened at Rs 1,921.85 this morning. When one day the shares of the company closed at Rs.1,917. However, on November 21 last year, Airtel’s share was Rs. It touched a 52-week high of 2,174.70. On October 1, 2026, the shares of the company were Rs. It hit a 52-week low of 1,726.05.

A market cap of Rs. 36 thousand crores has increased

Due to this increase, the valuation of Airtel has seen an increase of more than 36 thousand crore rupees. If we look at the figures, the market cap of the company a day ago i.e. after the stock market closed on Monday was Rs. 11,96,304.05 crore, which fell to Rs. 12,34,371.11 crores. This means that the company has a market cap of Rs. An increase of over 38,067.06 crores has been observed.

Jio has to take a big leap

If Jio wants to become the number two company in the country. If Jio wants to become the largest telecom company in the country, it will have to increase its market cap to more than Rs 2 lakh crore on the day of its listing. As per Jio’s issue price, the company’s current market cap is Rs. 10,30,490.55 crores. In such a situation, to overtake Airtel, Jio has increased its market cap by Rs. 2,03,880.56 crore will have to be increased. Which will be a big challenge.