Jio Financial Demerger: Should you buy Reliance shares for windfall gains before record date?

“We recommend investors to buy RIL before the record date i.e. 20th Jul’23 and believe it to be a more economical way to buy Jio Financial Services which is likely to list at Rs 160/share (1x RIL’s treasury stock value),” said Eesha Shah of Axis Securities.