Is a big boost to power financiers likely in Budget? Deven Choksey answers

Reliance Jio's strategic timing aligns with 5G advancements and tariff adjustments, poised to boost revenue and shareholder value. The company's emphasis on EBITDA margin growth and potential IPO plans suggest a positive outlook for unlocking shareholder value. Deven Choksey says that 12 months forward, with a Rs 1,45,000-1,50,000 crore revenue book, 55% EBITDA margin cannot be ruled out .