Once the technical selling is over, Jio Financial will go much higher: Chakri Lokapriya

“The price discovery will happen once this technical selling is over. I still strongly believe that it starts off the race in a very strong place with strong capital which is the number one requirement for any NBFC. So, which means I think over time, it will actually see a re-rating of the multiples which on a fair value basis is hardly about a couple of times book value where it should trade much higher given its NIMS will be much higher.”